California Financial Code

§ 5323

FIN § 5323 Effective Jan 1, 1993Div. 2 · Ch. 1 · Art. 5

Statute text

(a)Concurrent with, or subsequent to, the filing of the petition, the prosecuting agency may move the superior court for the following pendente lite orders to preserve the status quo of the property alleged in the petition of forfeiture:

(1)An injunction to restrain all interested parties and enjoin them from transferring, encumbering, hypothecating or otherwise disposing of that property.

(2)Appointment of a receiver to take possession of, care for, manage, and operate the assets and properties so that such property may be maintained and preserved.

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Legislative history

Amended by Stats. 1992, Ch. 1280, Sec. 3. Effective January 1, 1993.