Section 1645 Of Article 2. Remedies For Nonpayment Of Rent From California Financial Code >> Division 1.1. >> Chapter 17. >> Article 2.
1645
. The power conferred on a bank to sell the contents of a
safe-deposit box or personal property received for safekeeping or
storage for nonpayment of rental or other charges, includes power to
sell any bonds, stock certificates, promissory notes, choses in
action, or other securities, and any other tangible or intangible
property found in such box or in the container in which such personal
property was received for safekeeping or storage, regardless of
whether it appears from such securities or property that the person
in whose name the box stood or to whom the safekeeping or storage
receipt was issued, possesses title to any interest in such
securities or other property or power to transfer such title or
interest.