PART 3. OF SPECIAL PROCEEDINGS OF A CIVIL NATURE 1063-1822.60›TITLE 10. UNCLAIMED PROPERTY 1300-1615›CHAPTER 5. Escheat Proceedings 1410-1431›ARTICLE 4. Permanent Escheat 1430-1431
§ 1431
California Code of Civil Procedure · 2018-11 edition · updated 2026-10-04 · California
When money in the Unclaimed Property Fund has become permanently escheated to the state, the amount thereof shall, on order of the Controller, be transferred to the General Fund. When property other than money held by the Controller or Treasurer in the name of any account in the Unclaimed Property Fund has become permanently escheated to the state, the records of the Controller and Treasurer shall be adjusted to show that such property is held in the name of the General Fund.
(Amended by Stats. 1980, Ch. 676, Sec. 69.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code