You are here: California / Financial Code - FIN / ARTICLE 2. Remedies for Nonpayment of Rent [1660. - 1680.] / Section 1672.


Section 1672. (Enacted by Stats. 1951, Ch. 364.)
Cite as: Cal. Fin. Code §1672.

From the proceeds of the sale, the bank shall deduct all charges as stated in the final notice, together with any further charges that have accured since the mailing thereof, and reasonable expenses for notices, advertising, and sale, and shall credit the balance of the proceeds, if any, to an account in the name of the person in whose name the receipt for such personal property was issued.



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