§ 720.250 Limitations on power of levying officer; failure to file claim

Codes > California Code of Civil Procedure > Part 2 > Title 9 > 720.250

§ 720.250. Limitations on power of levying officer; failure to file claim

    (a) Except as otherwise provided by statute, if a third-party claim is timely filed, the levying officer may not do any of the
following with respect to the personal property in which the security interest or lien is claimed:

        (1) Sell the property.

        (2) Deliver possession of the property to the creditor.

        (3) Pay proceeds of collection to the creditor.

    (b) The interest of a secured party or lienholder in the property levied upon is not affected by the failure of the secured party or lienholder to file a third-party claim under this chapter.