California Code of Regulations
Title 2 - Administration
Division 2 - Financial Operations
Chapter 2 - State Controller
Subchapter 8 - Unclaimed Property Law
Article 1.5 - Electronic Funds Transfer of Cash Unclaimed Property
Section 1155.150 - Participation in the Electronic Funds Transfer
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) Mandatory Participation
A holder of cash unclaimed property in an amount of two thousand dollars ($2,000.00) or more is required to deliver the cash unclaimed property to the State Controller's Office through the electronic funds transfer program.
(b) Voluntary Participation
A holder of cash unclaimed property in an amount less than two thousand dollars ($2,000.00) may voluntarily pay cash unclaimed property to the State Controller's Office through the electronic funds transfer program, however, participation in the electronic funds transfer process is not mandatory.
1. New
section filed 3-26-98; operative 4-25-98 (Register 98, No. 13).
2.
Change without regulatory effect amending section and NOTE filed 11-3-2022
pursuant to section 100, title 1, California Code of Regulations (Register
2022, No. 44).
Note: Authority cited: Section 1532, Code of Civil Procedure. Reference: Section 1532, Code of Civil Procedure.
