Statute · California Code of Civil Procedure

Cal. Civ. Proc. Code § 1394 — Disposal of Proceeds of Sale or Lease

Cal. Civ. Proc. Code § 1394

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

The proceeds of any transaction by the Controller under the provisions of this chapter in connection with property received and held by the state under the provisions of this title, for the benefit of the persons entitled thereto, shall be credited by the Controller to such persons; or, if the…

Citator

Cal. Civ. Proc. Code § 1394 — Disposal of Proceeds of Sale or Lease is in force in the current edition of the Code, and nothing recorded condemns it.

The proceeds of any transaction by the Controller under the provisions of this chapter in connection with property received and held by the state under the provisions of this title, for the benefit of the persons entitled thereto, shall be credited by the Controller to such persons; or, if the property affected by such transaction has permanently escheated to the state, to the account in the General Fund in the name of which such permanently escheated property was recorded.