Cal. Code Civ. Proc. § 1543

Current through the 2024 Legislative Session.

Section 1543 - Unclaimed property; secure payment of claims

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.

Ca. Civ. Proc. Code § 1543

Added by Stats 2022 ch 270 (AB 1208),s 1, eff. 1/1/2023.