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California Law (Last Updated: March 4, 2014) |
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Probate Code - PROB |
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Division 4. GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS |
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Part 8. OTHER PROTECTIVE PROCEEDINGS |
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Chapter 4. Money or Property Paid or Delivered Pursuant to Compromise or Judgment for Minor or Incompetent Person |
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ARTICLE 2. Disposition of Money or Other Property Where No Guardianship or Conservatorship |
Section 3610.
Latest version.
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When money or other property is to be paid or delivered for the benefit of a minor or person with a disability under a compromise, covenant, order or judgment, and there is no guardianship of the estate of the minor or conservatorship of the estate of the person with a disability, the remaining balance of the money and other property (after payment of all expenses, costs, and fees as approved and allowed by the court under Section 3601) shall be paid, delivered, deposited, or invested as provided in this article.
(Amended by Stats. 2004, Ch. 67, Sec. 8. Effective January 1, 2005.)