§ 1605.Certification By Governor that United States Will Be Compensated For Cost of Examining Records
Title 10. Unclaimed Property · Chapter 8. Property in Custody of Federal Officers, Agencies, and Departments · Enacted 1801 · no amendments on record · Last verified July 29, 2026
Full Text of § 1605
Plain-English Summary
Federal law conditions the transfer of unclaimed property to a state on that state having adequate legal machinery in place, and this section is how California proves it qualifies. The Governor must certify to the Comptroller General or another appropriate federal officer that California law provides effective means for compensating the United States, at reasonable times, for its proportionate share of the actual and necessary cost of examining records and reporting information, and for holding the United States harmless if a claim comes in over property already delivered to California.
The section also fixes the timing: that certification must be made on June 30 of the year following whenever a federal statute takes effect requiring it, keeping California's compliance current with whatever the federal government's own rules demand.
Frequently Asked Questions
What must the Governor certify to the federal government?
That California law provides effective means to compensate the United States for its examination and reporting costs and to hold it harmless for delivered property.
When must this certification be made?
On the thirtieth day of June following the effective date of any federal statute requiring the certification.
Why does California need to make this certification at all?
Because federal law only allows the transfer of unclaimed property to a state that has this kind of compensation and hold-harmless arrangement in place.
Amendment History
Added by Stats. 1959, Ch. 1801.