California Probate Code

§ 7640

PROB § 7640Div. 7 · Part 1 · Ch. 4 · Art. 3

Statute text

(a)The public administrator shall, upon receipt, deposit all money of the estate in an insured account in a financial institution or with the county treasurer of the county in which the proceedings are pending.

(b)Upon deposit under this section the public administrator is discharged from further responsibility for the money deposited until the public administrator withdraws the money.

Legislative history

Enacted by Stats. 1990, Ch. 79.