California Code of Civil Procedure

§ 701.620

CCP § 701.620Div. 2 · Title 9 · Part 2 · Ch. 3 · Art. 6

(a)Property may not be sold unless the amount bid exceeds the total of the following amounts:

(1)The amount of all preferred labor claims that are required by Section 1206 to be satisfied from the proceeds.

(2)The amount of any state tax lien (as defined in Section 7162 of the Government Code) that is superior to the judgment creditor’s lien.

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Legislative history

Added by Stats. 1982, Ch. 1364, Sec. 2. Operative July 1, 1983, by Sec. 3 of Ch. 1364.