California Corporations Code 12655 – After complying with the provisions of Section 12653 assets held by a …
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After complying with the provisions of Section 12653 assets held by a corporation upon a valid condition requiring return, transfer, or conveyance, which condition has occurred or will occur, shall be returned, transferred, or conveyed in accordance with the condition.
(Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)
Terms Used In California Corporations Code 12655
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.