Cal. Civil Code § 1521 : Extinction Of Obligations — California Civil Code — Obligations — Accord And Satisfaction — Accord defined Date: 14 Sep 2016 TEXT PDF Current through the 2016 Legislative Session Section Fifteen Hundred and Twenty-one. An accord is an agreement to accept, in extinction of an obligation, something different from or less than that to which the person agreeing to accept is entitled. Ca. Civ. Code § 1521