California Law (Last Updated: March 4, 2014) |
Code of Civil Procedure - CCP |
Part 3. OF SPECIAL PROCEEDINGS OF A CIVIL NATURE |
Title 10. UNCLAIMED PROPERTY |
Chapter 2. Receipt and Expenditure of Funds |
ARTICLE 1. Deposit of Unclaimed Property |
Section 1316.
Latest version.
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If unclaimed money or other property is received by the State or any officer or employee thereof and deposited in the State Treasury under the provisions of this title for the benefit of known heirs, devisees, legatees or creditors of an estate of a deceased person, or for the benefit of known claimants, payees, or other persons entitled thereto, it shall be recorded on the books of the Controller to the credit, or in the name, of such heirs, devisees, legatees, creditors, claimants, payees, or other persons entitled thereto.
(Added by Stats. 1951, Ch. 1708.)