California Revenue and Taxation Code

§ 50133

RTC § 50133 Effective Oct 2, 1989Div. 2 · Part 26 · Ch. 4 · Art. 5

Statute text

After receiving the notice specified in Section 50132, the persons so notified shall not transfer or make any other disposition of the credits, other personal property, or debts in their possession or under their control at the time they receive the notice until the board consents to a transfer or disposition or until 60 days after the receipt of the notice, whichever occurs first.

Legislative history

Added by Stats. 1989, Ch. 1442, Sec. 6. Effective October 2, 1989.