California CodesBusiness and Professions Code - BPCDivision 9 — Alcoholic BeveragesChapter 14 — Seizure and Forfeiture of PropertySection 25368

If the lienholder, mortgagee, or vendor proves the facts set forth in Section 25367, the court shall order the alcoholic beverages or other property released to him if the amount due to him is equal to, or in excess of, the value of the alcoholic beverages or other property. If the amount due to him is less than the value of the alcoholic beverages or other property, the alcoholic beverages or other property shall be sold at public auction by the department, and the remainder of the proceeds of the sale, after payment of the balance due on the purchase price, mortgage, or lien, shall be deposited in the State Treasury.

Notes

Requires the court to release seized beverages or property to a qualifying lienholder, mortgagee, or vendor when the proved amount due equals or exceeds the property value. If the amount due is less, requires a department public auction, payment of the outstanding purchase-price, mortgage, or lien balance, and deposit of remaining sale proceeds in the State Treasury.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 25368 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-9/chapter-14/section-25368

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