California Code of Civil Procedure

§ 720.160

CCP § 720.160 Effective Jan 1, 2002Div. 4 · Title 9 · Part 2 · Ch. 2

Statute text

(a)If the creditor files with the levying officer an undertaking that satisfies the requirements of this section within the time allowed under subdivision (b) of Section 720.140:

(1)The levying officer shall execute the writ in the manner provided by law unless the third person files an undertaking to release the property pursuant to Chapter 6 (commencing with Section 720.610).

(2)After sale, payment, or delivery of the property pursuant to the writ, the property is free of all claims of the third person for which the creditor has given the undertaking.

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Legislative history

Amended by Stats. 2001, Ch. 812, Sec. 5. Effective January 1, 2002.