Section 1643 Of Article 2. Remedies For Nonpayment Of Rent From California Financial Code >> Division 1.1. >> Chapter 17. >> Article 2.
1643
. From the proceeds of the sale, the bank shall deduct all
charges as stated in the final notice, together with any further
charges that have accrued since the mailing thereof, and reasonable
expenses for notices, advertising, and sale, and shall credit the
balance of the proceeds, if any, to an account in the name of the
person in whose name the receipt for such personal property was
issued.