Earlier editions: 2020-112018-112026-09
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 3. Sale or Disposal of Property 1370-1382
§ 1371
California Code of Civil Procedure · 2026-10 edition · updated 2026-10-04 · California
The Controller may sell, cash, redeem, exchange, or otherwise dispose of any securities and all other classes of personal property, and may sell, cash, redeem, exchange, compromise, adjust, settle, or otherwise dispose of any accounts, debts, contractual rights, or other choses in action if, in his or her opinion, that action on his or her part is necessary or will tend to safeguard and conserve the interests of all parties, including the state, having any vested or expectant interest in the property.
(Amended by Stats. 2016, Ch. 31, Sec. 14. (SB 836) Effective June 27, 2016.)
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