§ 1316 Unclaimed property fund; recordation of money or property deposited for benefit of known heirs, creditors, claimants, payees, etc.
§ 1316. Unclaimed property fund; recordation of money or property deposited for benefit of known heirs, creditors, claimants, payees, etc.
If unclaimed money or other property is received by the State or any officer or employee thereof and deposited in the State Treasury under the provisions of this title for the benefit of known heirs, devisees, legatees or creditors of an estate of a deceased person, or for the benefit of known claimants, payees, or other persons entitled thereto, it shall be recorded on the books of the Controller to the credit, or in the name, of such heirs, devisees, legatees, creditors, claimants, payees, or other persons entitled thereto.