California Law (Last Updated: March 4, 2014) |
Family Code - FAM |
Division 9. SUPPORT |
Part 5. ENFORCEMENT OF SUPPORT ORDERS |
Chapter 3. Deposit of Assets to Secure Future Child Support Payments |
ARTICLE 2. Order for Deposit of Assets |
Section 4615.
Latest version.
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In lieu of depositing cash or other assets as provided in Section 4614, the obligor-parent may, if approved by the court, provide a performance bond secured by real property or other assets of the obligor-parent and equal in value to one year of payments.
(Enacted by Stats. 1992, Ch. 162, Sec. 10. Operative January 1, 1994.)