§ 1394 Property for benefit of known persons; credit to such persons or general fund
§ 1394. Property for benefit of known persons; credit to such persons or general fund
The proceeds of any transaction by the Controller under the provisions of this chapter in connection with property received and held by the state under the provisions of this title, for the benefit of the persons entitled thereto, shall be credited by the Controller to such persons; or, if the property affected by such transaction has permanently escheated to the state, to the account in the General Fund in the name of which such permanently escheated property was recorded.