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 4. Disposal of Proceeds of Sale or Lease 1390-1394
§ 1391
California Code of Civil Procedure · 2026-10 edition · updated 2026-10-04 · California
The Controller shall deliver to the Treasurer the proceeds of any sale or lease of permanently escheated property made pursuant to this chapter; and, on order of the Controller, the amount thereof shall be deposited in the General Fund. All moneys deposited in the General Fund under the provisions of this section shall be deemed to have permanently escheated to the state as of the date of permanent escheat of the property from which such moneys were derived.
(Amended by Stats. 1978, Ch. 1183.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code