Statute · California Code of Civil Procedure
Cal. Civ. Proc. Code § 1371 — Sale or Disposal of Property
Cal. Civ. Proc. Code § 1371
- Type
- Statute
- Source
- California Code of Civil Procedure
- Jurisdiction
- California
- Date
- 2016-06-27
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The Controller may sell, cash, redeem, exchange, or otherwise dispose of any securities and all other classes of personal property, and may sell, cash, redeem, exchange, compromise, adjust, settle, or otherwise dispose of any accounts, debts, contractual rights, or other choses in action if, in…
Citator
Cal. Civ. Proc. Code § 1371 — Sale or Disposal of Property is in force in the current edition of the Code, and nothing recorded condemns it.
The Controller may sell, cash, redeem, exchange, or otherwise dispose of any securities and all other classes of personal property, and may sell, cash, redeem, exchange, compromise, adjust, settle, or otherwise dispose of any accounts, debts, contractual rights, or other choses in action if, in his or her opinion, that action on his or her part is necessary or will tend to safeguard and conserve the interests of all parties, including the state, having any vested or expectant interest in the property.