California Statutes

§ 1500. — 1500. (Amended by Stats. 1981, Ch. 632, Sec. 1.)

California·Code CIV Civil Code - CIV·Div. 3. DIVISION 3. OBLIGATIONS·Title 4.·Part 1. TITLE 4. EXTINCTION OF OBLIGATIONS·Ch. 2. CHAPTER 2. Offer of Performance
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.

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California § 1500. (1500. (Amended by Stats. 1981, Ch. 632, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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Legislative History

Amended by Stats. 1981, Ch. 632, Sec. 1. Effective September 23, 1981.
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