California Code of Civil Procedure

§ 700.140

CCP § 700.140 Effective Jan 1, 2013Div. 2 · Title 9 · Part 2 · Ch. 3 · Art. 4

Statute text

(a)Subject to Sections 684.115 and 700.160, to levy upon a deposit account, the levying officer shall personally serve a copy of the writ of execution and a notice of levy on the financial institution with which the deposit account is maintained.

(b)The execution lien that arises upon service of a writ of execution and notice of levy reaches only amounts in a deposit account at the time of service on the financial institution, including the amount of any deposit not yet finally collected unless the deposit is returned unpaid to the financial institution.

(c)The levying officer shall serve a copy of the writ of execution and a notice of levy on any third person in whose name any deposit account described therein stands. Service shall be made personally or by mail as follows:

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Legislative history

Amended by Stats. 2012, Ch. 484, Sec. 8. (AB 2364) Effective January 1, 2013.