California Code of Civil Procedure

§ 704.220

CCP § 704.220 Effective Jan 1, 2025Div. 2 · Title 9 · Part 2 · Ch. 4 · Art. 3

Statute text

(a)Money in the judgment debtor’s deposit account in an amount equal to or less than the minimum basic standard of adequate care for a family of four for Region 1, established by Section 11452 of the Welfare and Institutions Code and as annually adjusted by the State Department of Social Services pursuant to Section 11453 of the Welfare and Institutions Code, is exempt without making a claim.

(b)(1) Subdivision (a) does not preclude or reduce a judgment debtor’s right to any other exemption provided by state or federal law.

(2)If the financial institution holding the judgment debtor’s deposit account has actual knowledge that the judgment debtor is entitled to one or more exemptions that the financial institution is required to apply pursuant to federal law or state law other than that set forth in subdivision (a), the following shall apply:

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Legislative history

Amended by Stats. 2024, Ch. 514, Sec. 8. (AB 2837) Effective January 1, 2025.