Cal. FIN § 688
This is the official text of Cal. FIN § 688, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.
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Official statutory text
On the last day fixed in the notice for the removal of the property or on the date when the property is removed or the box surrendered, any contract between the person owning the property or holding the box and the licensee shall cease and the amount of the unearned prepaid rent or charges, if any, shall become a debt of the licensee to the person.
Status: in_force · Read it on the official government site
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