California Code of Civil Procedure ARTICLE 5 - Administration of Unclaimed Property

  • Section 1560.
    (a) Upon the payment or delivery of escheated property to the Controller, the state shall assume custody and shall be responsible for the safekeeping of the...
  • Section 1561.
    (a) If the holder pays or delivers escheated property to the State Controller in accordance with this chapter and thereafter any person claims the property from...
  • Section 1562.
    When property other than money is delivered to the State Controller under this chapter, any dividends, interest or other increments realized or accruing on such...
  • Section 1563.
    (a) Except as provided in subdivisions (b) and (c), all escheated property delivered to the Controller under this chapter shall be sold by the Controller to...
  • Section 1564.
    (a) All money received under this chapter, including the proceeds from the sale of property under Section 1563, shall be deposited in the Unclaimed Property Fund...
  • Section 1564.5.
    (a) Notwithstanding any law, including, but not limited to, Section 1564, all money received under this chapter from funds held in an Interest on Lawyers’ Trust...
  • Section 1565.
    Any property delivered to the Controller pursuant to this chapter that has no apparent commercial value shall be retained by the Controller for a period...
  • Section 1566.
    (a) When payment or delivery of money or other property has been made to any claimant under the provisions of this chapter, no suit shall thereafter...
  • Section 1567.
    The Director of Parks and Recreation may examine any tangible personal property delivered to the Controller under this chapter for purposes of determining whether such...

Last modified: October 22, 2018