Code Section Group

Financial Code - FIN

DIVISION 1.1. BANKING [1000 - 1910]

  ( Division 1.1 added by Stats. 2011, Ch. 243, Sec. 3. )

CHAPTER 12. Deposits [1400 - 1440]

  ( Chapter 12 added by Stats. 2011, Ch. 243, Sec. 3. )

ARTICLE 3. Dormant Accounts [1440- 1440.]
  ( Article 3 added by Stats. 2011, Ch. 243, Sec. 3. )

1440.
  

Any bank which delivers or has heretofore delivered to the State Treasurer pursuant to law any unclaimed or abandoned deposit shall not thereafter be liable to any person for the same and any action which may be brought by any person against a bank for money so delivered to the State Treasurer shall be defended by the Attorney General without cost to the bank.

(Added by Stats. 2011, Ch. 243, Sec. 3. Effective January 1, 2012.)

FINFinancial Code - FIN3.