Cal. Code Civ. Proc. § 1320

Current through the 2024 Legislative Session.
Section 1320 - Deposit of rents, interest, dividends or other income or increment derived from property escheated to state

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.

Ca. Civ. Proc. Code § 1320

Amended by Stats. 1978, Ch. 1183.