Statute · California Financial Code

Cal. Fin. Code § 1440 — Dormant Accounts

Cal. Fin. Code § 1440

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2012-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Any bank which delivers or has heretofore delivered to the State Treasurer pursuant to law any unclaimed or abandoned deposit shall not thereafter be liable to any person for the same and any action which may be brought by any person against a bank for money so delivered to the State Treasurer…

Citator

Cal. Fin. Code § 1440 — Dormant Accounts is in force in the current edition of the Code, and nothing recorded condemns it.

Any bank which delivers or has heretofore delivered to the State Treasurer pursuant to law any unclaimed or abandoned deposit shall not thereafter be liable to any person for the same and any action which may be brought by any person against a bank for money so delivered to the State Treasurer shall be defended by the Attorney General without cost to the bank.