Section 1440 Of Article 3. Dormant Accounts From California Financial Code >> Division 1.1. >> Chapter 12. >> Article 3.
1440
. Any bank which delivers or has heretofore delivered to the
State Treasurer pursuant to law any unclaimed or abandoned deposit
shall not thereafter be liable to any person for the same and any
action which may be brought by any person against a bank for money so
delivered to the State Treasurer shall be defended by the Attorney
General without cost to the bank.