California § 995.740. 995.740. (Amended by Stats. 2014, Ch. 305, Sec. 3.)

California Statutes

§ 995.740. — 995.740. (Amended by Stats. 2014, Ch. 305, Sec. 3.)

California § 995.740.

JurisdictionCalifornia

Code CCPCode of Civil Procedure - CCP

Title14.

Part 2.TITLE 14. OF MISCELLANEOUS PROVISIONS

Ch. 2.CHAPTER 2. Bonds and Undertakings

Art. 7.ARTICLE 7. Deposit in Lieu of Bond

This text of California § 995.740. (995.740. (Amended by Stats. 2014, Ch. 305, Sec. 3.)) 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 § 995.740. (2026).

Text

If no proceedings are pending to enforce the liability of the principal on the deposit, the officer shall:

(a)Pay quarterly, on demand, any interest on the deposit, when earned in accordance with the terms of the account or certificate, to the principal.

(b)Deliver to the principal, on demand, any interest coupons attached to bonds or notes, including bearer bonds and bearer notes, as the interest coupons become due and payable, or pay annually any interest payable on the bonds or notes.

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If no proceedings are pending to enforce the liability of the principal on the deposit, the officer shall:
(a)
Pay quarterly, on demand, any interest on the deposit, when earned in accordance with the terms of the account or certificate, to the principal.
(b)
Deliver to the principal, on
demand, any interest coupons attached to bonds or notes, including bearer bonds and bearer notes, as the interest coupons become due and payable, or pay annually any interest payable on the bonds or notes.