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 720.640
(a) If the undertaking to release property is filed with the levying officer at the time the third-party claim is filed, the levying officer shall serve a copy of the undertaking on the creditor and on the debtor with the notice of the filing of the third-party claim served pursuant to Section 720.140 or 720.240.
(b) If the undertaking to release property is filed with the levying officer after the third-party claim is filed, not later than five days after the undertaking is filed, the levying officer shall serve a copy of the undertaking on the creditor and on the debtor with a notice that the property will be released unless, within the time allowed as specified in the notice, the creditor objects to the undertaking. Service shall be made personally or by mail.
Notes
Requires a levying officer to serve an undertaking to release property on the creditor and debtor; if filed with the third-party claim, it accompanies the claim notice, while if filed later, service must occur within five days and warn that property will be released unless the creditor timely objects. Service may be personal or by mail.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 720.640 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-9/division-4/chapter-6/section-720-640