California does have escheat[1] laws which deal with unclaimed property and how the state handles situations where no rightful owner comes forward to claim.[2]

California does have escheat[1] laws which deal with unclaimed property and how the state handles situations where no rightful owner comes forward to claim.[2] [1] http://en.wikipedia.org/wiki/Escheat http://en.wikipedia.org/wiki/Escheat [2] http://www.leginfo.ca.gov/cgi-bin/displaycode?section=ccp&group=01001-02000&file=1300-1301 http://www.leginfo.ca.gov/cgi-bin/displaycode?section=ccp&#3...