Section 720.540

Code Civ. Proc. § 720.540, under Creditor’s Demand for Third-Party Claim by Secured Party or Lienholder.

Code Civ. Proc. § 720.540

Except as otherwise provided by statute, the levying officer may not release, sell, or otherwise dispose of the personal property described in the demand before the expiration of 30 days after service of the demand on the secured party or lienholder.

(Added by Stats. 1982, Ch. 1364, Sec. 2. Operative July 1, 1983, by Sec. 3 of Ch. 1364.)