California Civil Code

§ 3054

CIV § 3054 Effective Jan 1, 2020Div. 3 · Title 14 · Part 4 · Ch. 6

Statute text

(a)A banker, or a savings and loan association, has a general lien, dependent on possession, upon all property in their hands belonging to a customer, for the balance due to the banker or savings and loan association from the customer in the course of the business.

(b)The exercise of this lien with respect to deposit accounts shall be subject to the limitations and procedures set forth in Section 1411 or 6660 of the Financial Code.

Legislative history

Amended by Stats. 2019, Ch. 497, Sec. 30. (AB 991) Effective January 1, 2020.