reglab/statecodes huggingface dataset:
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 6 - Disposition of Unclaimed Property › ARTICLE 1 - Estates of Deceased Persons › Section 1448.

1448. Notwithstanding any other provision of law, all unclaimed money or other property belonging to any person who dies while confined in any state institution subject to the jurisdiction of the Youth Authority, which is paid or delivered to the State or any officer thereof under the provisions of Section 1015 of the Welfare and Institutions Code or under any amendment thereof adopted after the effective date of this section, shall be deemed to be paid or delivered for deposit in the State Treasury under the provisions of this article, and shall be transmitted, received, accounted for, and disposed of, as provided in this part.
(Added by Stats. 1951, Ch. 1708.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 6 - Disposition of Unclaimed Property › ARTICLE 1 - Estates of Deceased Persons › Section 1449.

1449. Notwithstanding any other provision of law, all presumptively abandoned money or other property paid or delivered to the Treasurer or Controller under the provisions of Section 7644 of the Probate Code shall be deemed to be paid or delivered for deposit in the State Treasury under the provisions of this article, and shall be transmitted, received, accounted for, and disposed of as provided in this title.
(Amended by Stats. 1988, Ch. 1199, Sec. 12. Operative July 1, 1989, by Sec. 119 of Ch. 1199.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 6 - Disposition of Unclaimed Property › ARTICLE 2 - Abandoned Property › Section 1476.

1476. The expiration of any period of time specified by law, during which an action or proceeding may be commenced or enforced to secure payment of a claim for money or recovery of property, shall not prevent any such money or other property from being deemed abandoned property, nor affect any duty to file a report required by this title or to deliver to the Treasurer or Controller any such abandoned property; and shall not serve as a defense in any action or proceeding brought under the provisions of this article to compel the filing of any report or the delivery of any abandoned property required by this article or to enforce or collect any penalty provided by this article.
(Added by Stats. 1951, Ch. 1708.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 1 - Short Title; Definitions; Application › Section 1500.

1500. This chapter may be cited as the Unclaimed Property Law.
(Amended by Stats. 1968, Ch. 356.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 1 - Short Title; Definitions; Application › Section 1501.5.

1501.5. (a) Notwithstanding any provision of law to the contrary, property received by the state under this chapter shall not permanently escheat to the state.
(b) The Legislature finds and declares that this section is declaratory of the existing law and sets forth the intent of the Legislature regarding the Uniform Disposition of Unclaimed Property Act (Chapter 1809, Statutes of 1959) and all amendments thereto and revisions thereof. Any opinions, rulings, orders, judgments, or other statements to the contrary by any court are erroneous and inconsistent with the intent of the Legislature.
(c) It is the intent of the Legislature that property owners be reunited with their property. In making changes to the unclaimed property program, the Legislature intends to adopt a more expansive notification program that will provide all of the following:
(1) Notification by the state to all owners of unclaimed property prior to escheatment.
(2) A more expansive postescheatment policy that takes action to identify those owners of unclaimed property.
(3) A waiting period of not less than seven years from delivery of property to the state prior to disposal of any unclaimed property deemed to have no commercial value.
(Amended by Stats. 2014, Ch. 913, Sec. 10. (AB 2747) Effective January 1, 2015.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 1 - Short Title; Definitions; Application › Section 1502.

1502. (a) This chapter does not apply to any of the following:
(1) Any property in the official custody of a municipal utility district.
(2) Any property in the official custody of a local agency if such property may be transferred to the general fund of such agency under the provisions of Sections 50050-50053 of the Government Code.
(3) Any property in the official custody of a court if the property may be transferred to the Trial Court Operations Fund under Section 68084.1 of the Government Code.
(b) None of the provisions of this chapter applies to any type of property received by the state under the provisions of Chapter 1 (commencing with Section 1300) to Chapter 6 (commencing with Section 1440), inclusive, of this title.
(Amended by Stats. 2007, Ch. 738, Sec. 6. Effective January 1, 2008.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 1 - Short Title; Definitions; Application › Section 1503.

1503. (a) As used in this section:
(1) “Old act” means this chapter as it existed prior to January 1, 1969.
(2) “New act” means this chapter as it exists on and after January 1, 1969.
(3) “Property not subject to the old act” means property that was not presumed abandoned under the old act and would never have been presumed abandoned under the old act had the old act continued in existence on and after January 1, 1969, without change.
(b) The holder is not required to file a report concerning, or to pay or deliver to the Controller, any property not subject to the old act if an action by the owner against the holder to recover that property was barred by an applicable statute of limitations prior to January 1, 1969.
(c) The holder is not required to file a report concerning, or to pay or deliver to the Controller, any property not subject to the old act, or any property that was not required to be reported under the old act, unless on January 1, 1969, the property has been held by the holder for less than the escheat period. “Escheat period” means the period referred to in Sections 1513 to 1521, inclusive, of the new act, whichever is applicable to the particular property.
(Amended by Stats. 1990, Ch. 450, Sec. 3. Effective July 31, 1990.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 1 - Short Title; Definitions; Application › Section 1504.

1504. (a) As used in this section:
(1) “Old act” means this chapter as it existed prior to January 1, 1969.
(2) “New act” means this chapter as it exists on and after January 1, 1969.
(3) “Property not subject to the old act” means property that was not presumed abandoned under the old act and would never have been presumed abandoned under the old act had the old act continued in existence on and after January 1, 1969, without change.
(b) This chapter does not apply to any property that was escheated under the laws of another state prior to September 18, 1959.
(c) This chapter does not require the holder to pay or deliver any property not subject to the old act to this state if the property was escheated under the laws of another state prior to January 1, 1969, and was delivered to the custody of that state prior to January 1, 1970, in compliance with the laws of that state. Nothing in this subdivision affects or limits the right of the State Controller to recover such property from the other state.
(Added by Stats. 1968, Ch. 356.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 1 - Short Title; Definitions; Application › Section 1505.

1505. This chapter does not affect any duty to file a report with the State Controller or to pay or deliver any property to him that arose prior to January 1, 1969, under the provisions of this chapter as it existed prior to January 1, 1969. Such duties may be enforced by the State Controller, and the penalties for failure to perform such duties may be imposed, under the provisions of this chapter as it existed prior to January 1, 1969. The provisions of this chapter as it existed prior to January 1, 1969, are continued in existence for the purposes of this section.
(Repealed and added by Stats. 1968, Ch. 356.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 1 - Short Title; Definitions; Application › Section 1506.

1506. The provisions of this chapter as it exists on and after January 1, 1969, insofar as they are substantially the same as the provisions of this chapter as it existed prior to January 1, 1969, relating to the same subject matter, shall be construed as restatements and continuations thereof and not as new enactments.
(Added by Stats. 1968, Ch. 356.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1510.

1510. Unless otherwise provided by statute of this state, intangible personal property escheats to this state under this chapter if the conditions for escheat stated in Sections 1513 through 1521 exist, and if:
(a) The last known address, as shown on the records of the holder, of the apparent owner is in this state.
(b) No address of the apparent owner appears on the records of the holder and:
(1) The last known address of the apparent owner is in this state; or
(2) The holder is domiciled in this state and has not previously paid the property to the state of the last known address of the apparent owner; or
(3) The holder is a government or governmental subdivision or agency of this state and has not previously paid the property to the state of the last known address of the apparent owner.
(c) The last known address, as shown on the records of the holder, of the apparent owner is in a state that does not provide by law for the escheat of such property and the holder is (1) domiciled in this state or (2) a government or governmental subdivision or agency of this state.
(d) The last known address, as shown on the records of the holder, of the apparent owner is in a foreign nation and the holder is (1) domiciled in this state or (2) a government or governmental subdivision or agency of this state.
(Amended by Stats. 1978, Ch. 1183.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1511.

1511. (a) Any sum payable on a money order, travelers check, or other similar written instrument (other than a third-party bank check) on which a business association is directly liable escheats to this state under this chapter if the conditions for escheat stated in Section 1513 exist and if:
(1) The books and records of such business association show that such money order, travelers check, or similar written instrument was purchased in this state;
(2) The business association has its principal place of business in this state and the books and records of the business association do not show the state in which such money order, travelers check, or similar written instrument was purchased; or
(3) The business association has its principal place of business in this state, the books and records of the business association show the state in which such money order, travelers check, or similar written instrument was purchased, and the laws of the state of purchase do not provide for the escheat of the sum payable on such instrument.
(b) Notwithstanding any other provision of this chapter, this section applies to sums payable on money orders, travelers checks, and similar written instruments deemed abandoned on or after February 1, 1965, except to the extent that such sums have been paid over to a state prior to January 1, 1974. For the purposes of this subdivision, the words “deemed abandoned” have the same meaning as those words have as used in Section 604 of Public Law Number 93-495 (October 28, 1974), 88th Statutes at Large 1500.
(Repealed and added by Stats. 1975, Ch. 25.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1515.

1515. (a) Subject to Section 1510, funds held or owing by a life insurance corporation under any life or endowment insurance policy or annuity contract which has matured or terminated escheat to this state if unclaimed and unpaid for more than three years after the funds became due and payable as established from the records of the corporation.
(b) If a person other than the insured or annuitant is entitled to the funds and no address of that person is known to the corporation or if it is not definite and certain from the records of the corporation what person is entitled to the funds, it is presumed that the last known address of the person entitled to the funds is the same as the last known address of the insured or annuitant according to the records of the corporation. This presumption is a presumption affecting the burden of proof.
(c) A life insurance policy not matured by actual proof of the death of the insured according to the records of the corporation is deemed to be matured and the proceeds due and payable if:
(1) The insured has attained, or would have attained if he or she were living, the limiting age under the mortality table on which the reserve is based.
(2) The policy was in force at the time the insured attained, or would have attained, the limiting age specified in paragraph (1).
(3) Neither the insured nor any other person appearing to have an interest in the policy has, within the preceding three years, according to the records of the corporation (i) assigned, readjusted, or paid premiums on the policy, (ii) subjected the policy to loan, or (iii) corresponded in writing with the life insurance corporation concerning the policy.
(d) Any funds otherwise payable according to the records of the corporation are deemed due and payable although the policy or contract has not been surrendered as required.
(Amended by Stats. 1993, Ch. 692, Sec. 3. Effective January 1, 1994.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1515.5.

1515.5. Property distributable in the course of a demutualization or related reorganization of an insurance company is deemed abandoned as follows:
(a) On the date of the demutualization or reorganization, if the instruments or statements reflecting the distribution are not mailed to the owner because the address on the books and records for the holder is known to be incorrect.
(b) Two years after the date of the demutualization or reorganization, if instruments or statements reflecting the distribution are mailed to the owner and returned by the post office as undeliverable and the owner has done neither of the following:
(1) Communicated in writing with the holder or its agent regarding the property.
(2) Otherwise communicated with the holder or its agent regarding the property as evidenced by a memorandum or other record on file with the holder or its agent.
(c) Three years after the date of the demutualization or reorganization, if instruments or statements reflecting the distribution are mailed to the owner and not returned by the post office as undeliverable and the owner has done neither of the following:
(1) Communicated in writing with the holder or its agent regarding the property.
(2) Otherwise communicated with the holder or its agent regarding the property as evidenced by a memorandum or other record on file with the holder or its agent.
(Added by Stats. 2003, Ch. 304, Sec. 2. Effective January 1, 2004.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1517.

1517. (a) All property distributable in the course of a voluntary or involuntary dissolution or liquidation of a business association that is unclaimed by the owner within six months after the date of final distribution or liquidation escheats to this state.
(b) All property distributable in the course of voluntary or involuntary dissolution or liquidation of an insurer or other person brought under Article 14 (commencing with Section 1010) of Chapter 1 of Part 2 of Division 1 of the Insurance Code, that is unclaimed by the owner after six months of the date of final distribution, shall be transferred to the Department of Insurance, with any proceeds of sale of property and other funds to be deposited in the Insurance Fund for expenditure as provided in Section 12937 of the Insurance Code.
(c) This section applies to all tangible personal property located in this state and, subject to Section 1510, to all intangible personal property.
(Amended by Stats. 1996, Ch. 187, Sec. 1. Effective July 19, 1996.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1519.

1519. All tangible personal property located in this state, and, subject to Section 1510, all intangible personal property, held for the owner by any government or governmental subdivision or agency, that has remained unclaimed by the owner for more than three years escheats to this state.
(Amended by Stats. 1990, Ch. 450, Sec. 10. Effective July 31, 1990.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1519.5.

1519.5. Subject to Section 1510, any sums held by a business association that have been ordered to be refunded by a court or an administrative agency including, but not limited to, the Public Utilities Commission, which have remained unclaimed by the owner for more than one year after becoming payable in accordance with the final determination or order providing for the refund, whether or not the final determination or order requires any person entitled to a refund to make a claim for it, escheats to this state.
It is the intent of the Legislature that the provisions of this section shall apply retroactively to all funds held by business associations on or after January 1, 1977, and which remain undistributed by the business association as of the effective date of this act.
Further, it is the intent of the Legislature that nothing in this section shall be construed to change the authority of a court or administrative agency to order equitable remedies.
(Added by Stats. 1984, Ch. 1096, Sec. 1.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1520.5.

1520.5. Section 1520 does not apply to gift certificates subject to Title 1.4A (commencing with Section 1749.45) of Part 4 of Division 3 of the Civil Code. However, Section 1520 applies to any gift certificate that has an expiration date and that is given in exchange for money or any other thing of value.
(Amended by Stats. 2003, Ch. 116, Sec. 3. Effective January 1, 2004.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1521.

1521. (a) Except as provided in subdivision (b), and subject to Section 1510, all employee benefit plan distributions and any income or other increment thereon escheats to the state if the owner has not, within three years after it becomes payable or distributable, accepted the distribution, corresponded in writing concerning the distribution, or otherwise indicated an interest as evidenced by a memorandum or other record on file with the fiduciary of the trust or custodial fund or administrator of the plan under which the trust or fund is established. As used in this section, “fiduciary” means any person exercising any power, authority, or responsibility of management or disposition with respect to any money or other property of a retirement system or plan, and “administrator” means the person specifically so designated by the plan, trust agreement, contract, or other instrument under which the retirement system or plan is operated, or if none is designated, the employer.
(b) Except as provided in subdivision (c), an employee benefit plan distribution and any income or other increment thereon shall not escheat to this state if, at the time the distribution shall become payable to a participant in an employee benefit plan, the plan contains a provision for forfeiture or expressly authorizes the administrator to declare a forfeiture of a distribution to a beneficiary thereof who cannot be found after a period of time specified in the plan, and the trust or fund established under the plan has not terminated prior to the date on which the distribution would become forfeitable in accordance with the provision.
(c) A participant entitled to an employee benefit plan distribution in the form of residuals shall be relieved from a forfeiture declared under subdivision (b) upon the making of a claim therefor.
(Amended by Stats. 1990, Ch. 450, Sec. 12. Effective July 31, 1990.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1522.

1522. No service, handling, maintenance or other charge or fee of any kind which is imposed because of the inactive or unclaimed status contemplated by this chapter, may be deducted or withheld from any property subject to escheat under this chapter, unless specifically permitted by this chapter.
Even when specifically permitted by this chapter, such charges or fees may not be excluded, withheld or deducted from property subject to this chapter if, under its policy or procedure, the holder would not have excluded, withheld or deducted such charges or fees in the event the property had been claimed by the owner prior to being reported or remitted to the Controller.
(Amended by Stats. 1981, Ch. 831, Sec. 3.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1523.

1523. If an insurer, after a good faith effort to locate and deliver to a policyholder a Proposition 103 rebate ordered or negotiated pursuant to Section 1861.01 of the Insurance Code, determines that a policyholder cannot be located, all funds attributable to that rebate escheat to the state and shall be delivered to the Controller. The funds subject to escheat on or after July 1, 1997, shall be transferred by the Controller to the Department of Insurance for deposit in the Insurance Fund in the following amounts and for the following purposes:
(a) Up to the amount that will repay principal and interest on the General Fund loan authorized by Item 0845-001-0001 of the Budget Act of 1996 for expenditure as provided in Section 12936 of the Insurance Code.
(b) The sum of four million dollars ($4,000,000) for expenditure during the 1998-1999 fiscal year as provided in Section 12967 of the Insurance Code.
(Amended by Stats. 1998, Ch. 963, Sec. 1. Effective September 29, 1998.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 2 - Escheat of Unclaimed Personal Property › Section 1528.

1528. This chapter does not apply to unclaimed funds held by a life insurance corporation which is organized or admitted as a domestic fraternal benefit society under Chapter 10 (commencing with Section 10970) of Part 2 of Division 2 of the Insurance Code, so long as such funds are used for scholarship funds, exclusive of costs of administration thereof.
(Added by Stats. 1974, Ch. 1050.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 3 - Identification of Escheated Property › Section 1531.

1531. (a) Within one year after payment or delivery of escheated property as required by Section 1532, the Controller shall cause a notice to be published in a manner that the Controller determines to be reasonable, which may include, but not be limited to, newspapers, Internet Web sites, radio, television, or other media. In carrying out this duty, the Controller shall not use any of the following:
(1) Money appropriated for the Controller’s audit programs.
(2) More money than the Legislature appropriates for this subdivision’s purpose.
(3) A photograph in a notice.
(4) An elected official’s name in a notice.
(b) Within 165 days after the final date for filing the report required by Section 1530, the Controller shall mail a notice to each person having an address listed in the report who appears to be entitled to property of the value of fifty dollars ($50) or more escheated under this chapter. If the report filed pursuant to Section 1530 includes a social security number, the Controller shall request the Franchise Tax Board to provide a current address for the apparent owner on the basis of that number. The Controller shall mail the notice to the apparent owner for whom a current address is obtained if the address is different from the address previously reported to the Controller. If the Franchise Tax Board does not provide an address or a different address, then the Controller shall mail the notice to the address listed in the report required by Section 1530.
(c) The mailed notice shall contain all of the following:
(1) A statement that, according to a report filed with the Controller, property is being held to which the addressee appears entitled.
(2) The name and address of the person holding the property and any necessary information regarding changes of name and address of the holder.
(3) A statement that, if satisfactory proof of claim is not presented by the owner to the holder by the date specified in the notice, the property will be placed in the custody of the Controller and may be sold or destroyed pursuant to this chapter, and all further claims concerning the property or, if sold, the net proceeds of its sale, must be directed to the Controller.
(d) This section is intended to inform owners about the possible existence of unclaimed property identified pursuant to this chapter.
(Amended by Stats. 2017, Ch. 200, Sec. 1. (AB 772) Effective January 1, 2018.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 3 - Identification of Escheated Property › Section 1531.5.

1531.5. (a) The Controller shall establish and conduct a notification program designed to inform owners about the possible existence of unclaimed property received pursuant to this chapter.
(b) Any notice sent pursuant to this section shall not contain a photograph or likeness of an elected official.
(c) (1) Notwithstanding any other law, upon the request of the Controller, a state or local governmental agency may furnish to the Controller from its records the address or other identification or location information that could reasonably be used to locate an owner of unclaimed property.
(2) If the address or other identification or location information requested by the Controller is deemed confidential under any laws or regulations of this state, it shall nevertheless be furnished to the Controller. However, neither the Controller nor any officer, agent, or employee of the Controller shall use or disclose that information except as may be necessary in attempting to locate the owner of unclaimed property.
(3) This subdivision shall not be construed to require disclosure of information in violation of federal law.
(4) If a fee or charge is customarily made for the information requested by the Controller, the Controller shall pay that customary fee or charge.
(d) Costs for administering this section shall be subject to the level of appropriation in the annual Budget Act.
(Added by Stats. 2007, Ch. 179, Sec. 3. Effective August 24, 2007.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 3 - Identification of Escheated Property › Section 1531.6.

1531.6. (a) In addition to the notices required pursuant to this chapter, the Controller may mail a separate notice to an apparent owner of a United States savings bond, war bond, or military award whose name is shown on or can be associated with the contents of a safe deposit box or other safekeeping repository and is different from the reported owner of the safe deposit box or other safekeeping repository.
(b) A notice sent pursuant to this section shall not contain a photograph or likeness of an elected official.
(c) (1) Notwithstanding any other law, upon request of the Controller, a state or local governmental agency may furnish to the Controller from its records the address or other identification or location information that could reasonably be used to locate an owner of unclaimed property.
(2) If the address or other identification or location information requested by the Controller is deemed confidential under any law or regulation of the state, it shall nevertheless be furnished to the Controller. However, neither the Controller nor any officer, agent, or employee of the Controller shall use or disclose that information, except as may be necessary in attempting to locate the owner of unclaimed property.
(3) This subdivision shall not be construed to require disclosure of information in violation of federal law.
(4) If a fee or charge is customarily made for the information requested by the Controller, the Controller shall pay the customary fee or charge.
(d) Costs for administering this section shall be subject to the level of appropriation in the annual Budget Act.
(Added by Stats. 2015, Ch. 297, Sec. 1. (AB 355) Effective January 1, 2016.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 3 - Identification of Escheated Property › Section 1532.1.

1532.1. Notwithstanding Sections 1531 and 1532, property that escheats to the state pursuant to Section 1514 shall not be paid or delivered to the state until the earlier of (a) the time when the holder is requested to do so by the Controller or (b) within one year after the final date for filing the report required by Section 1530 as specified in subdivision (d) of Section 1530. Within one year after receipt of property as provided by this section, the Controller shall cause a notice to be published as provided in Section 1531.
(Amended by Stats. 1996, Ch. 762, Sec. 8. Effective January 1, 1997.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 3 - Identification of Escheated Property › Section 1533.

1533. Tangible personal property may be excluded from the notices required by Section 1531, shall not be delivered to the State Controller, and shall not escheat to the state, if the State Controller, in his discretion, determines that it is not in the interest of the state to take custody of the property and notifies the holder in writing, within 120 days from receipt of the report required by Section 1530, of his determination not to take custody of the property.
(Added by Stats. 1968, Ch. 356.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 4 - Payment of Claims › Section 1541.

1541. Any person aggrieved by a decision of the Controller or as to whose claim the Controller has failed to make a decision within 180 days after the filing of the claim, may commence an action, naming the Controller as a defendant, to establish his or her claim in the superior court in any county or city and county in which the Attorney General has an office. The action shall be brought within 90 days after the decision of the Controller or within 270 days from the filing of the claim if the Controller fails to make a decision. The summons and a copy of the complaint shall be served upon the Controller and the Attorney General and the Controller shall have 60 days within which to respond by answer. The action shall be tried without a jury.
(Amended by Stats. 2003, Ch. 228, Sec. 9. Effective August 11, 2003.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 4 - Payment of Claims › Section 1542.

1542. (a) At any time after property has been paid or delivered to the Controller under this chapter, another state is entitled to recover the property if:
(1) The property escheated to this state under subdivision (b) of Section 1510 because no address of the apparent owner of the property appeared on the records of the holder when the property was escheated under this chapter, the last known address of the apparent owner was in fact in that other state, and, under the laws of that state, the property escheated to that state.
(2) The last known address of the apparent owner of the property appearing on the records of the holder is in that other state and, under the laws of that state, the property has escheated to that state.
(3) The property is the sum payable on a travelers check, money order, or other similar instrument that escheated to this state under Section 1511, the travelers check, money order, or other similar instrument was in fact purchased in that other state, and, under the laws of that state, the property escheated to that state.
(4) The property is funds held or owing by a life insurance corporation that escheated to this state by application of the presumption provided by subdivision (b) of Section 1515, the last known address of the person entitled to the funds was in fact in that other state, and, under the laws of that state, the property escheated to that state.
(b) The claim of another state to recover escheated property under this section shall be presented in writing to the Controller, who shall consider the claim within 180 days after it is presented. The Controller may hold a hearing and receive evidence. The Controller shall allow the claim upon determination that the other state is entitled to the escheated property.
(c) Paragraphs (1) and (2) of subdivision (a) do not apply to property described in paragraph (3) or (4) of that subdivision.
(Amended by Stats. 2003, Ch. 228, Sec. 10. Effective August 11, 2003.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 4 - Payment of Claims › Section 1543.

1543. Notwithstanding Section 1540, the Controller may do any of the following to streamline the secure payment of claims:
(a) Minimize the number of documents a claimant is required to submit for property valued at less than five thousand dollars ($5,000).
(b) Allow electronic submission of documentation to the Controller’s internet website for any claim deemed appropriate by the Controller.
(c) Authorize direct deposit by electronic fund transfer for the payment of an approved claim.
(Added by Stats. 2022, Ch. 270, Sec. 1. (AB 1208) Effective January 1, 2023.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 5 - Administration of Unclaimed Property › Section 1561.

1561. (a) If the holder pays or delivers escheated property to the State Controller in accordance with this chapter and thereafter any person claims the property from the holder or another state claims the property from the holder under that state’s laws relating to escheat, the State Controller shall, upon written notice of such claim, defend the holder against the claim and indemnify him against any liability on the claim.
(b) If any holder, because of mistake of law or fact, pays or delivers any property to the State Controller that has not escheated under this chapter and thereafter claims the property from the State Controller, the State Controller shall, if he has not disposed of the property in accordance with this chapter, refund or redeliver the property to the holder without deduction for any fee or other charge.
(c) As used in this section, “escheated property” means property which this chapter provides escheats to this state, whether or not it is determined that another state had a superior right to escheat such property at the time it was paid or delivered to the State Controller or at some time thereafter.
(Added by Stats. 1968, Ch. 356.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 5 - Administration of Unclaimed Property › Section 1562.

1562. When property other than money is delivered to the State Controller under this chapter, any dividends, interest or other increments realized or accruing on such property at or prior to liquidation or conversion thereof into money, shall upon receipt be credited to the owner’s account by the State Conroller. Except for amounts so credited the owner is not entitled to receive income or other increments on money or other property paid or delivered to the State Controller under this chapter. All interest received and other income derived from the investment of moneys deposited in the Unclaimed Property Fund under the provisions of this chapter shall, on order of the State Controller, be transferred to the General Fund.
(Added by renumbering Section 1514 by Stats. 1968, Ch. 356.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 5 - Administration of Unclaimed Property › Section 1564.

1564. (a) All money received under this chapter, including the proceeds from the sale of property under Section 1563, shall be deposited in the Unclaimed Property Fund in an account titled “Abandoned Property.”
(b) Notwithstanding Section 13340 of the Government Code, all money in the Abandoned Property Account in the Unclaimed Property Fund is hereby continuously appropriated to the Controller, without regard to fiscal years, for expenditure in accordance with law in carrying out and enforcing the provisions of this chapter, including, but not limited to, the following purposes:
(1) For payment of claims allowed by the Controller under the provisions of this chapter.
(2) For refund, to the person making such deposit, of amounts, including overpayments, deposited in error in such fund.
(3) For payment of the cost of appraisals incurred by the Controller covering property held in the name of an account in such fund.
(4) For payment of the cost incurred by the Controller for the purchase of lost instrument indemnity bonds, or for payment to the person entitled thereto, for any unpaid lawful charges or costs which arose from holding any specific property or any specific funds which were delivered or paid to the Controller, or which arose from complying with this chapter with respect to such property or funds.
(5) For payment of amounts required to be paid by the state as trustee, bailee, or successor in interest to the preceding owner.
(6) For payment of costs incurred by the Controller for the repair, maintenance, and upkeep of property held in the name of an account in such fund.
(7) For payment of costs of official advertising in connection with the sale of property held in the name of an account in such fund.
(8) For transfer to the General Fund as provided in subdivision (c).
(9) For transfer to the Inheritance Tax Fund of the amount of any inheritance taxes determined to be due and payable to the state by any claimant with respect to any property claimed by him or her under the provisions of this chapter.
(c) At the end of each month, or more often if he or she deems it advisable, the Controller shall transfer all money in the Abandoned Property Account in excess of fifty thousand dollars ($50,000) to the General Fund. Before making this transfer, the Controller shall record the name and last known address of each person appearing from the holders’ report to be entitled to the escheated property and the name and last known address of each insured person or annuitant, and with respect to each policy or contract listed in the report of a life insurance corporation, its number, and the name of the corporation. The record shall be available for public inspection at all reasonable business hours.
(Amended by Stats. 1993, Ch. 692, Sec. 7. Effective January 1, 1994.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 5 - Administration of Unclaimed Property › Section 1564.5.

1564.5. (a) Notwithstanding any law, including, but not limited to, Section 1564, all money received under this chapter from funds held in an Interest on Lawyers’ Trust Account (IOLTA) that escheat to the state shall be administered as set forth in this section. The money shall be deposited into the Abandoned IOLTA Property Account, which is hereby established within the Unclaimed Property Fund.
(b) Twenty-five percent of the money in the Abandoned IOLTA Property Account shall be deposited into the IOLTA Claims Reserve Subaccount, which is hereby established within the Abandoned IOLTA Property Account. Notwithstanding Section 13340 of the Government Code, funds in the subaccount are continuously appropriated to the Controller for the payment of all refunds and claims pursuant to this chapter related to escheated IOLTA funds.
(c) The balance of the funds in the Abandoned IOLTA Property Account, excluding funds in the subaccount, shall be transferred on an annual basis to the Public Interest Attorney Loan Repayment Account established pursuant to Section 6032.5 of the Business and Professions Code. Before making this transfer, the Controller shall record the name and last known address of each person appearing from the holders’ report to be entitled to the escheated property. The record shall be available for public inspection at all reasonable business hours.
(Amended by Stats. 2018, Ch. 390, Sec. 1. (AB 2350) Effective January 1, 2019.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 5 - Administration of Unclaimed Property › Section 1565.

1565. Any property delivered to the Controller pursuant to this chapter that has no apparent commercial value shall be retained by the Controller for a period of not less than seven years from the date the property is delivered to the Controller. If the Controller determines that any property delivered to him or her pursuant to this chapter has no apparent commercial value, he or she may at any time thereafter destroy or otherwise dispose of the property, and in that event no action or proceeding shall be brought or maintained against the state or any officer thereof, or against the holder for, or on account of any action taken by, the Controller pursuant to this chapter with respect to the property.
(Amended by Stats. 2011, Ch. 305, Sec. 8. (SB 495) Effective January 1, 2012.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 5 - Administration of Unclaimed Property › Section 1566.

1566. (a) When payment or delivery of money or other property has been made to any claimant under the provisions of this chapter, no suit shall thereafter be maintained by any other claimant against the state or any officer or employee thereof for or on account of such property.
(b) Except as provided in Section 1541, no suit shall be maintained by any person against the state or any officer or employee thereof for or on account of any transaction entered into by the State Controller pursuant to this chapter.
(Added by Stats. 1968, Ch. 356.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 5 - Administration of Unclaimed Property › Section 1567.

1567. The Director of Parks and Recreation may examine any tangible personal property delivered to the Controller under this chapter for purposes of determining whether such property would be useful under the provisions of Section 512 of the Public Resources Code. If the director makes such a determination with respect to the property, the Controller may deliver the property to the director for use in carrying out the purposes of Section 512 of the Public Resources Code. Upon the termination of any such use, the director shall return the property to the Controller.
(Amended by Stats. 1981, Ch. 714, Sec. 73.)
2023 California Code › Code of Civil Procedure - CCP › PART 3 - OF SPECIAL PROCEEDINGS OF A CIVIL NATURE › TITLE 10 - UNCLAIMED PROPERTY › CHAPTER 7 - Unclaimed Property Law › ARTICLE 6 - Compliance and Enforcement › Section 1570.

1570. The expiration of any period of time specified by statute or court order, during which an action or proceeding may be commenced or enforced to obtain payment of a claim for money or recovery of property from the holder, does not prevent the money or property from being escheated, nor affect any duty to file a report required by this chapter or to pay or deliver escheated property to the State Controller.
(Added by renumbering Section 1515 by Stats. 1968, Ch. 356.)