California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 10.5 — Partition of Real and Personal Property, Chapter 6 — Sale of the Property, Article 2 — Sales Procedures, Section 873.660
(a) The court may order securities listed on an established stock or bond exchange, and personal property that is perishable, that will depreciate in value if not promptly disposed of, or that will incur loss or expense by being kept, to be sold upon such notice and conditions as may be appropriate.
(b) Unless otherwise ordered by the court, title to property sold pursuant to this section passes without court confirmation. The referee is responsible for the actual value of the property until, after return and proper showing, the court approves the sale.
Notes
Allows the court to order prompt sale of exchange-listed securities and personal property that is perishable, depreciating, or costly or lossy to keep, on appropriate notice and conditions. Unless the court orders otherwise, title passes without confirmation, but the referee remains responsible for actual value until the court approves the sale after return and proper showing.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 873.660 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-10-5/chapter-6/article-2/section-873-660