Cal. Code of Civil Procedure § 701.020

(a) If a third person is required by this article to deliver property to the levying officer or to make payments to the levying officer and the third person fails or refuses without good cause to do so, the third person is liable to the judgment creditor for whichever of the following is the lesser amount: (1) The value of the judgment debtor’s interest in the property or the amount of the payments required to be made. (2) The amount required to satisfy the judgment pursuant to which the levy is made. (b) The third person’s liability continues until the earliest of the following times: (1) The time when the property levied upon is delivered to the levying officer or the payments are made to the levying officer. (2) The time when the property levied upon is released pursuant to Section 699. 060. (3) The time when the judgment is satisfied or discharged. (c) If the third person’s liability is established, the court that determines the liability may, in its discretion, require the third person to pay the costs and reasonable attorney’s fees incurred by the judgment creditor in establishing the liability.