Cal. Fin. Code § 1643

Current through the 2023 Legislative Session.
Section 1643 - Disposition of proceeds from sale of personal property

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 accrued since the mailing thereof, and reasonable expenses for notices, advertising, and sale, and shall credit the balance of the proceeds, if any, to an account in the name of the person in whose name the receipt for such personal property was issued.

Ca. Fin. Code § 1643

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