California Probate Code 6804 – All intangible property owned by the decedent escheats to this state …
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All intangible property owned by the decedent escheats to this state in accordance with Section 6800 if the decedent was domiciled in this state at the time of the decedent’s death.
(Enacted by Stats. 1990, Ch. 79.)
Terms Used In California Probate Code 6804
- Decedent: A deceased person.
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
- State: includes any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, and any territory or possession subject to the legislative authority of the United States. See California Probate Code 74