Section 720.250 - Sale or delivery of possession to creditor prohibited if claim timely filed(a) Except as otherwise provided by statute, if a third-party claim is timely filed, the levying officer may not do any of the following with respect to the personal property in which the security interest or lien is claimed: (2) Deliver possession of the property to the creditor.(3) Pay proceeds of collection to the creditor.(b) The interest of a secured party or lienholder in the property levied upon is not affected by the failure of the secured party or lienholder to file a third-party claim under this chapter.Ca. Civ. Proc. Code § 720.250
Added by Stats. 1982, Ch. 1364, Sec. 2. Operative July 1, 1983, by Sec. 3 of Ch. 1364.