§ 1570 Limitations as not preventing money or property from being escheated; duty to file report or to pay or deliver escheated property

§ 1570. Limitations as not preventing money or property from being escheated; duty to file report or to pay or deliver escheated property

    The expiration of any period of time specified by statute or court order, during which an action or proceeding may be commenced or enforced to obtain payment of a claim for money or recovery of property from the holder, does not prevent the money or property from being escheated, nor affect any duty to file a report required by this chapter or to pay or deliver escheated property to the State Controller.