Cal. Fin. Code § 1638

Current through the 2023 Legislative Session.
Section 1638 - Disposition of proceeds of sale

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 since the mailing of the notice and shall record the balance of the proceeds, if any, on its books as a liability payable to the person in whose name the safe-deposit box was rented.

Ca. Fin. Code § 1638

Added by Stats 2012 ch 243 (SB 664),s 3, eff. 1/1/2012.