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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 7 - Unclaimed Property Law
ARTICLE 3 - Identification of Escheated Property
Section 1533.
Universal Citation: CA Civ Pro Code § 1533 (2017)
1533.
Tangible personal property may be excluded from the notices required by Section 1531, shall not be delivered to the State Controller, and shall not escheat to the state, if the State Controller, in his discretion, determines that it is not in the interest of the state to take custody of the property and notifies the holder in writing, within 120 days from receipt of the report required by Section 1530, of his determination not to take custody of the property.
(Added by Stats. 1968, Ch. 356.)
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