Statute · California Code of Civil Procedure
Cal. Civ. Proc. Code § 704.235 — Exempt Property
Cal. Civ. Proc. Code § 704.235
- Type
- Statute
- Source
- California Code of Civil Procedure
- Jurisdiction
- California
- Date
- 2025-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) A one-time lump-sum payment made from a HOPE trust account, as defined in subdivision (a) of Section 18997.51 of the Welfare and Institutions Code, shall be exempt without making a claim, except as provided in subdivision (b).
Citator
Cal. Civ. Proc. Code § 704.235 — Exempt Property is in force in the current edition of the Code, and nothing recorded condemns it.
(a) A one-time lump-sum payment made from a HOPE trust account, as defined in subdivision (a) of Section 18997.51 of the Welfare and Institutions Code, shall be exempt without making a claim, except as provided in subdivision (b).
(b) A one-time lump-sum payment described in subdivision (a) is not exempt from a levy in connection with child support, spousal support, family support, or a criminal restitution.
(c) A financial institution that receives a payment described in subdivision (a) directly from the state shall treat the payment as exempt from levy if it is designated “HOPE trust account payment” or if the payment is otherwise sufficiently identified to inform the financial institution that the payment is a HOPE trust account payment.