California Codes > Financial Code > Division 1 > Chapter 3 > Article 6 – State Banking Account
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Terms Used In California Codes > Financial Code > Division 1 > Chapter 3 > Article 6 - State Banking Account
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18