Earlier editions: 2020-112018-11
PART 2. OF CIVIL ACTIONS 307-1062.34›TITLE 6.5. ATTACHMENT 481.010-493.060›CHAPTER 13. Effect of Bankruptcy Proceedings and General Assignments for the Benefit of Creditors 493.010-493.060
§ 493.060
California Code of Civil Procedure · 2026-10 edition · updated 2026-10-04 · California
(a) Upon the making of a general assignment for the benefit of creditors that terminates a lien under this chapter, the assignee is subrogated to the rights of the plaintiff under the temporary protective order or attachment.
(b) Upon the filing of a petition commencing a case under Title 11 of the United States Code (Bankruptcy), a lien terminated pursuant to this chapter is preserved for the benefit of the estate.
(Amended by Stats. 1979, Ch. 177.)
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