Cal. Prob. Code § 11463

Current through the 2024 Legislative Session.
Section 11463 - Order of amount deposited in financial institution

The court may order an amount deposited in a financial institution, as provided in Chapter 3 (commencing with Section 9700) of Part 5, that would be payable if a debt that is contingent, disputed, or not due, were absolute, established, or due. The order shall provide that the amount deposited is subject to withdrawal only upon authorization of the court, to be paid to the creditor when the debt becomes absolute, established, or due, or to be distributed in the manner provided in Section 11642 if the debt does not become absolute or established.

Ca. Prob. Code § 11463

Added by Stats. 1991, Ch. 1055, Sec. 31.