§ 720.620 Time for filing undertaking and copies

§ 720.620. Time for filing undertaking and copies

    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.