In connection with all unclaimed property, the Controller has all of the powers necessary in order to safeguard and conserve the interests of all parties, including the State, having any vested or expectant interest in such unclaimed property. His powers include, but are not limited to, the authority to incur obligations the payment of which is authorized by the provisions of Section 1325.
Cal. Civ. Proc. Code § 1365
Powers of the Controller
Applied in 1 court decision — leading case Taylor v. Westly (2005)
Most recently applied in Taylor v. Westly (March 2005)
Added by Stats. 1951, Ch. 1708.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.