California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 9 — Enforcement of Judgments, Division 2 — Enforcement of Money Judgments, Chapter 3 — Execution, Article 4 — Methods of Levy, Section 700.110
(a) To levy upon an instrument, the levying officer shall:
(1) If the instrument is in the possession of the judgment debtor, take the instrument into custody.
(2) If the instrument is in the possession of a third person, personally serve a copy of the writ of execution and a notice of levy on the third person.
(b) If the levying officer obtains custody of the instrument, the levying officer shall, if the judgment creditor so instructs, serve a copy of the writ of execution and a notice of levy on the obligor. Service shall be made personally or by mail.
Notes
Requires a levying officer to take an instrument into custody when the debtor possesses it, or personally serve the writ and levy notice on a third person who possesses it. If the officer obtains custody and the judgment creditor instructs, the officer must also serve the obligor personally or by mail.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 700.110 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-9/division-2/chapter-3/article-4/section-700-110