To levy upon a security, the levying officer shall comply with Section 8112 of the Commercial Code. The legal process referred to in Section 8112 of the Commercial Code means the legal process required by the state in which the chief executive office of the issuer of the security is located and, where that state is California, means personal service by the levying officer of a copy of the writ of execution and notice of levy on the person who is to be served.
§ 700.130.Levy Upon Security
Title 9. Enforcement of Judgments · Division 2 · Chapter 3. Execution · Article 4. Methods of Levy · Last amended 1997 · Last verified July 28, 2026
In one sentenceSection 700.130 levies on a security by following Commercial Code § 8112, meaning the legal process required by the state where the security issuer's chief executive office sits, or, if that state is California, personal service by the levying officer of the writ and notice of levy.
Full Text of § 700.130
Plain-English Summary
Securities — stocks, bonds, and similar interests — are levied on through a rule borrowed from the Commercial Code rather than restated here. Section 700.130 points to § 8112 of the Commercial Code, which asks what legal process the state where the security issuer's chief executive office is located requires.
If that state happens to be California, this section spells out the answer directly: personal service by the levying officer of a copy of the writ of execution and a notice of levy on whoever is to be served. If the issuer's chief executive office sits in another state, that state's own legal-process requirements control instead.
Frequently Asked Questions
What governs how a security is levied on in California?
Section 8112 of the Commercial Code, which looks to the legal process required by the state where the security issuer's chief executive office is located.
What does that mean if the issuer's chief executive office is in California?
Personal service by the levying officer of a copy of the writ of execution and notice of levy on the person to be served.
What if the issuer's chief executive office is in another state?
That state's legal-process requirements govern the levy instead.
Amendment History
Amended by Stats. 1996, Ch. 497, Sec. 3. Effective January 1, 1997.
Source & verification. Section text is reproduced verbatim from
the Deering's California Codes Annotated / vLex. Enacted by the California Legislature.
Last verified July 28, 2026.
· Official source
Also known as: levy upon security california