Statute · California Code of Civil Procedure

Cal. Civ. Proc. Code § 1320 — Deposit of Unclaimed Property

Cal. Civ. Proc. Code § 1320

Type
Statute
Source
California Code of Civil Procedure
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

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.

Citator

Cal. Civ. Proc. Code § 1320 — Deposit of Unclaimed Property is in force in the current edition of the Code, and nothing recorded condemns it.

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.