Cal. Civil Code § 1912 : Loan — California Civil Code — Obligations — Loan Of Money — Definition Date: 14 Sep 2016 TEXT PDF Current through the 2016 Legislative Session A loan of money is a contract by which one delivers a sum of money to another, and the latter agrees to return at a future time a sum equivalent to that which he borrowed. A loan for mere use is governed by the Chapter on Loan for Use. Ca. Civ. Code § 1912