§ 493.030 Termination of lien of temporary protective order or of attachment upon assignment; effect of filing bankruptcy petition

Codes > California Code of Civil Procedure > Part 2 > Title 6.5 : Chapter 13 > 493.030

§ 493.030. Termination of lien of temporary protective order or of attachment upon assignment; effect of filing bankruptcy petition

    (a) The making of a general assignment for the benefit of creditors terminates a lien of a temporary protective order or of
attachment if the lien was created within 90 days prior to the making of the general assignment.

    (b) The filing of a petition commencing a voluntary or involuntary case under Title 11 of the United States Code (Bankruptcy) [FN1] terminates a lien of a temporary protective order or of attachment if the lien was created within 90 days prior to the filing of the petition.

    (c) Subdivisions (a) and (b) do not apply unless all liens of attachment on the defendant's property in other states that were created within 90 days prior to the making of a general assignment for the benefit of creditors or the filing of a petition commencing a case under Title 11 of the United States Code (Bankruptcy) have terminated.

    [FN1] 11 U.S.C.A. § 101 et seq.