California Code of Civil Procedure

§ 701.020

CCP § 701.020Div. 2 · Title 9 · Part 2 · Ch. 3 · Art. 5

Statute text

(a)If a third person is required by this article to deliver property to the levying officer or to make payments to the levying officer and the third person fails or refuses without good cause to do so, the third person is liable to the judgment creditor for whichever of the following is the lesser amount:

(1)The value of the judgment debtor’s interest in the property or the amount of the payments required to be made.

(2)The amount required to satisfy the judgment pursuant to which the levy is made.

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Legislative history

Added by Stats. 1982, Ch. 1364, Sec. 2. Operative July 1, 1983, by Sec. 3 of Ch. 1364.