California Financial Code ARTICLE 2 - Remedies for Nonpayment of Rent

• Section 1630.
  Every bank conducting a safe-deposit business shall be entitled to the special remedies set forth in this article in enforcing the liabilities of safe-deposit box...
• Section 1631.
  If the rental of any safe-deposit box is not paid within six months from the day it is due, the bank, or at any time...
• Section 1632.
  At any time after the date specified in such notice, if the rental for such safe-deposit box to the date of payment and the cost...
• Section 1633.
  The following persons, and no others, are entitled to receive from the bank a copy of the inventory:(a) An executor of the decedent’s will.(b) The administrator of...
• Section 1634.
  All contents removed from a safe-deposit box pursuant to Section 1632 shall be retained by the bank for at least two years unless sooner delivered...
• Section 1635.
  At any time after two years from the day when a safe-deposit box has been opened pursuant to this article, the bank may mail a...
• Section 1636.
  Notwithstanding any of the provisions of this article, no stocks, bonds, or other securities which, at the time of sale pursuant to Section 1635, are...
• Section 1637.
  Upon the making of a sale of any securities, an officer of the bank shall execute and attach to the securities so sold an affidavit...
• Section 1638.
  From the proceeds of any sale the bank shall deduct the amount set forth in such notice and any further charges which may have accrued...
• Section 1639.
  Any documents, letters, or other articles found in a safe-deposit box opened pursuant to Section 1632, which in the judgment of at least two officers...
• Section 1640.
  If, before the effective date of this section, a bank or its predecessor in interest, has caused a safe-deposit box to be opened for nonpayment...
• Section 1641.
  Whenever a bank receives personal property for safekeeping or storage as bailee and issues a receipt therefor, the bank may enforce its lien as warehouseman...
• Section 1642.
  If the amount charged by a bank for the safekeeping or storage of personal property is not paid within six months from the day it...
• Section 1643.
  From the proceeds of the sale, the bank shall deduct all charges as stated in the final notice, together with any further charges that have...
• Section 1644.
  Any documents, letters, or other articles which, in the judgment of an officer of the bank, have no apparent intrinsic or marketable value, need not...
• Section 1645.
  The power conferred on a bank to sell the contents of a safe-deposit box or personal property received for safekeeping or storage for nonpayment of...
• Section 1646.
  A bank holding a safe-deposit box originally rented from, or personal property against which a safekeeping or storage receipt was issued by, a predecessor in...
• Section 1647.
  The provisions of this article do not preclude any other remedy by action or otherwise now or hereafter existing for the enforcement of the claims...
• Section 1648.
  If the principal of, or interest or dividends on, any securities that have come into the possession of any bank by reason of action taken...
• Section 1649.
  (a) Whenever this article requires that notice be sent to a person, and the box stood or stands on the records of the bank or the...
• Section 1650.
  Whenever an amount of safe-deposit rental, custody, safekeeping, or other charge is to be paid or deducted pursuant to this article, there shall be added...
• Section 1651.
  Any bank or trust company may receive bonds issued by the United States Government for safekeeping, collection, or storage, and shall receipt therefor to the...

Last modified: October 22, 2018