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2020 California Code
Code of Civil Procedure - CCP
PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE
TITLE 10 - UNCLAIMED PROPERTY
CHAPTER 4 - Management of Unclaimed Property
ARTICLE 4 - Disposal of Proceeds of Sale or Lease
Section 1391.
Universal Citation:
CA Civ Pro Code § 1391 (2020)
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1391.
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.)
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