§ 1424 Judgment vesting unclaimed property in state and creating trust vests legal and equitable titles; claimants' rights
§ 1424. Judgment vesting unclaimed property in state and creating trust vests legal and equitable titles; claimants' rights
If, in any proceeding had under this title, the judgment or decree distributes or vests unclaimed property or any portion thereof to or in the State of California, and the distributing or vesting clause contains words otherwise creating a trust in favor of certain unknown or unidentified persons as a class, such judgment or decree shall vest in the State of California both legal and equitable title to such property; saving, however, the right of claimants to appear and claim the property, as provided in this title.