§ 720.620 The third person shall file the undertaking to release property with the levying officer, together with two copies of the undertaking: (a) At the time…
Part 2: Of Civil Actions | Title 9: Enforcement of Judgments | Division 4: Third-party Claims and Related Procedures | Chapter 6: Third-Party Undertaking to Release Property
Rule Text
The third person shall file the undertaking to release property with the levying officer, together with two copies of the undertaking:
(a) At the time the third person files a third-party claim pursuant to Chapter 2 (commencing with Section 720.110) or Chapter 3 (commencing with Section 720.210).
(b) If the third person has previously filed a third-party claim to the property, at any time before the levying officer does any of the following:
(1) Sells the property.
(2) Delivers possession of the property to the creditor.
(3) Pays proceeds of collection to the creditor.
Amendment history: Added by Stats. 1982, Ch. 1364, Sec. 2. Operative July 1, 1983, by Sec. 3 of Ch. 1364.