California Revenue and Taxation Code

§ 43443

RTC § 43443 Effective Jul 12, 1982Div. 2 · Part 22 · Ch. 4 · Art. 5

Statute text

All persons so notified shall immediately, after receipt of the notice, advise the board of all credits, other personal property, or debts in their possession, under their control, or owing by them. If the notice seeks to prevent the transfer or other disposition of a deposit in a bank or other credits or personal property in the possession or under the control of a bank, the notice, to be effective, shall state the amount, interest, and penalty due from the person and shall be delivered or mailed to the branch or office of the bank at which the deposit is carried or at which the credits or personal property is held. Notwithstanding any other provision, with respect to a deposit in a bank or other credits or personal property in the possession or under the control of a bank, the notice shall only be effective with respect to an amount not in excess of the amount, interest, and penalty due from the person.

Legislative history

Amended by Stats. 1982, Ch. 496, Sec. 38. Effective July 12, 1982.