California AB501 amends the Code of Civil Procedure to protect against false lawsuits, liens, and encumbrances.
California AB501 amends the Code of Civil Procedure to prohibit filing or recording false lawsuits, liens, or other encumbrances. It imposes civil penalties of up to $15,000 for violations and allows affected parties to recover damages. The bill also provides procedures for challenging and reinstating terminated financing statements. It defines "harass" as conduct with no legitimate purpose and "lien" to include financing statements. The act does not require reimbursement for certain costs to local agencies and school districts.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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