Cal. Civil Code § 1500 : Extinction Of Obligations — California Civil Code — Obligations — Offer Of Performance — Obligation for payment of money extinguished by due offer of payment

Current through the 2016 Legislative Session

An obligation for the payment of money is extinguished by a due offer of payment, if the amount is immediately deposited in the name of the creditor, with some bank or savings and loan association within this state, of good repute, and notice thereof is given to the creditor.

Ca. Civ. Code § 1500

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