PART 3. OF SPECIAL PROCEEDINGS OF A CIVIL NATURE 1063-1822.60›TITLE 10. UNCLAIMED PROPERTY 1300-1615›CHAPTER 4. Management of Unclaimed Property 1360-1394›ARTICLE 4. Disposal of Proceeds of Sale or Lease 1390-1394
§ 1394
California Code of Civil Procedure · 2020-11 edition · updated 2026-10-04 · California
The proceeds of any transaction by the Controller under the provisions of this chapter in connection with property received and held by the state under the provisions of this title, for the benefit of the persons entitled thereto, shall be credited by the Controller to such persons; or, if the property affected by such transaction has permanently escheated to the state, to the account in the General Fund in the name of which such permanently escheated property was recorded.
(Amended by Stats. 1978, Ch. 1183.)
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