California Statutes
§ 720.290. — 720.290. (Added by Stats. 1982, Ch. 1364, Sec. 2.)
California § 720.290.
JurisdictionCalifornia
Code CCPCode of Civil Procedure - CCP
Div.4.
Title9.
Part 2.DIVISION 4. THIRD-PARTY CLAIMS AND RELATED PROCEDURES
Ch. 3.CHAPTER 3. Third-Party Claim of Security Interest or Lien
This text of California § 720.290. (720.290. (Added by Stats. 1982, Ch. 1364, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Code of Civil Procedure - CCP Code § 720.290. (2026).
Text
(a)If the levying officer receives a sufficient deposit from the creditor, the levying officer shall promptly tender or pay the deposit to the secured party or lienholder who made the third-party claim except that, if the deposit is made by personal check, the levying officer is allowed a reasonable time for the check to clear.
(b)If the tender is accepted, the interest of the secured party or lienholder in the property for which deposit is made passes to the creditor making the deposit and, on distribution of any proceeds under Section 701.810, the creditor who
makes the deposit shall be entitled to the proceeds to the extent of the deposit in the priority of the interest for which the deposit is made.
(c)If the tender is refused, the amount of the deposit shall be deposited with the c
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Legislative History
Added by Stats. 1982, Ch. 1364, Sec. 2. Operative July 1, 1983, by Sec. 3 of Ch. 1364.
Nearby Sections
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California § 720.290., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CCP/720.290..