California Code of Civil Procedure Section 493.060
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California Laws > Code of Civil Procedure > California Code of Civil Procedure Section 493.060
493.060. (a) Upon the making of a general assignment for the
benefit of creditors that terminates a lien under this chapter, the
assignee is subrogated to the rights of the plaintiff under the
temporary protective order or attachment.
(b) Upon the filing of a petition commencing a case under Title 11
of the United States Code (Bankruptcy), a lien terminated pursuant
to this chapter is preserved for the benefit of the estate.
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Last modified: March 17, 2014