Fong v. Westly
California Court of Appeal
1Opinion of the Court
Opinion
NICHOLSON, J.
Plaintiffs appeal from a judgment against their claims for monetary and equitable relief arising from the custodial escheat of stock shares they owned. We affirm.
STATUTORY BACKGROUND
Under the Unclaimed Property Law, certain types of unclaimed property escheats to the state. (Code Civ. Proc., § 1500 et seq.; all undesignated references to sections are to the Code of Civil Procedure.) The law has two objectives: (1) protect unknown property owners by locating them and restoring their property to them, and (2) give the state, rather than the owners of the unclaimed property,…
2Cases cited9 opinions
- United States v. LockeSupreme Court of the United States · 1985
- Texaco, Inc. v. ShortSupreme Court of the United States · 1982
- Anderson National Bank v. LuckettSupreme Court of the United States · 1944
- North Laramie Land Co. v. HoffmanSupreme Court of the United States · 1925
- Standard Oil Co. v. New JerseySupreme Court of the United States · 1951
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3Cited by21 opinions
- Chris Lusby Taylor Nancy A. Pepple-Gonsalves v. Steve Westly, in His Capacity as Controller of the State of CaliforniaCourt of Appeals for the Ninth Circuit · 2005
- Clark v. Strayhorn, Texas Court of Appeals, 3rd District (Austin)2006
- Hooks v. TreasurerLouisiana Court of Appeal · 2007
- Smyth v. CarterIndiana Court of Appeals · 2006
- Smolow v. HaferCommonwealth Court of Pennsylvania · 2005
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