California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 6.5 — Attachment, Chapter 13 — Effect of Bankruptcy Proceedings and General Assignments for the Benefit of Creditors, Section 493.030
(a) The making of a general assignment for the benefit of creditors terminates a lien of a temporary protective order or of attachment if the lien was created within 90 days prior to the making of the general assignment.
(b) The filing of a petition commencing a voluntary or involuntary case under Title 11 of the United States Code (Bankruptcy) terminates a lien of a temporary protective order or of attachment if the lien was created within 90 days prior to the filing of the petition.
(c) Subdivisions (a) and (b) do not apply unless all liens of attachment on the defendant’s property in other states that were created within 90 days prior to the making of a general assignment for the benefit of creditors or the filing of a petition commencing a case under Title 11 of the United States Code (Bankruptcy) have terminated.
Notes
Sets a general assignment for creditors or a bankruptcy filing to terminate a temporary-protective-order or attachment lien created within the preceding 90 days. That termination rule applies only if all attachment liens on the defendant’s property in other states that were also created within the relevant 90-day period have terminated.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 493.030 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-6-5/chapter-13/section-493-030