California Code of Civil Procedure 1600 – It is the policy of this State:(a) To discover property in the …
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It is the policy of this State:
(a) To discover property in the custody of officers, departments, and agencies of the United States, which property is unclaimed by owners whose addresses are known or presumed to be in this State;
Terms Used In California Code of Civil Procedure 1600
- Property: includes both personal and real property. See California Code of Civil Procedure 17
- State: includes the District of Columbia and the territories when applied to the different parts of the United States, and the words "United States" may include the district and territories. See California Code of Civil Procedure 17
- Unclaimed property: means any tangible personal property or intangible personal property, including choses in action in amounts certain, and all debts owed or entrusted funds or other property held by any federal agency or any officer or employee thereof, whether occasioned by contract or operation of law or otherwise, except bonuses and gratuities, which has remained unclaimed by the owner for:
California Code of Civil Procedure 1601
(b) To provide a procedure for judicial determination of the right of the State to receive custody of such unclaimed property; and
(c) To authorize expenditure of state funds to pay the proportionate cost of the State in discovering such unclaimed property and to hold the United States harmless against claims concerning such property when delivered to the custody of the State in accordance with this chapter.
(Added by Stats. 1959, Ch. 1801.)