Cal. Code Regs. tit. 2 § 1170

Current through Register 2024 Notice Reg. No. 41, October 11, 2024

Section 1170 - Authority for Discontinuance

If payment of interest or dividends on property subject to Code of Civil Procedure Section 1513(a)(1)(A) or (a)(2)(A) is discontinued at any time during the period of inactivity, the holder shall include or attach as part of the report filed pursuant to Code of Civil Procedure Section 1530:

(a) A copy of the form of a valid, enforceable contract which authorized such discontinuance of payment of interest or dividends; or

(b) The citation of the statute which authorized such discontinuance of payment of interest or dividends.

Cal. Code Regs. Tit. 2, § 1170

1. Change without regulatory effect amending first paragraph filed 7-15-2011 pursuant to section 100, title 1, California Code of Regulations (Register 2011, No. 28).