California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 9 — Enforcement of Judgments, Division 4 — Third-party Claims and Related Procedures, Chapter 6 — Third-Party Undertaking to Release Property, Section 720.620
The third person shall file the undertaking to release property with the levying officer, together with two copies of the undertaking:
(a) At the time the third person files a third-party claim pursuant to Chapter 2 (commencing with Section 720.110) or Chapter 3 (commencing with Section 720.210).
(b) If the third person has previously filed a third-party claim to the property, at any time before the levying officer does any of the following:
(1) Sells the property.
(2) Delivers possession of the property to the creditor.
(3) Pays proceeds of collection to the creditor.
Notes
Requires a third person to file an undertaking to release property, with two copies, either when filing the third-party claim or, if a claim was already filed, any time before the levying officer sells the property, delivers possession to the creditor, or pays collection proceeds to the creditor.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 720.620 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-9/division-4/chapter-6/section-720-620