§ 1378.Immunity of State On Account of Transaction Entered Into By Controller

Someone unhappy with how the Controller sold, leased, or otherwise disposed of unclaimed property might want to sue over it, and Section 1378 closes that door. No suit may be maintained by any person against the state or any officer of the state, for or on account of any transaction the Controller entered into under this chapter.

This immunity complements the other protections built into this chapter, like the conclusive effect Section 1372 gives the Controller's endorsements and the good-faith-purchaser exception in Section 1381. Together they let buyers and counterparties deal with the state confidently, knowing a completed transaction won't unravel later through litigation, while the claimant's actual remedy remains the claims process this title sets out elsewhere for recovering the property or its proceeds.