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2017 California Code
Code of Civil Procedure - CCP
PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE
TITLE 10 - UNCLAIMED PROPERTY
CHAPTER 2 - Receipt and Expenditure of Funds
ARTICLE 1 - Deposit of Unclaimed Property
Section 1320.
Universal Citation: CA Civ Pro Code § 1320 (2017)
1320.
Except as otherwise provided in Section 1318, all rents, interest, dividends or other income or increment derived from real or personal property that has permanently escheated to the state, shall, on order of the Controller, 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.)
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