Statute · California Code of Civil Procedure

Cal. Civ. Proc. Code § 1391 — Disposal of Proceeds of Sale or Lease

Cal. Civ. Proc. Code § 1391

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

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…

Citator

Cal. Civ. Proc. Code § 1391 — Disposal of Proceeds of Sale or Lease is in force in the current edition of the Code, and nothing recorded condemns it.

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.