California Statutes

§ 1504. — 1504. (Enacted 1872.)

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 offer of payment or other performance, duly made, though the title to the thing offered be not transferred to the creditor, stops the running of interest on the obligation, and has the same effect upon all its incidents as a performance thereof.

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Melissa Holdings, Inc., (Erroneously Identified as Development Partners, Inc., Formerly Known as Wilshire Masterpiece, Inc., Formerly Known as Wilshire-Canon, Inc., Formerly Known as 338 Rodeo Corporation), a California Corporation and Liberty Service Corporation, a California Corporation v. Jpl Properties, a Purported California General Partnership Lorraine Howell, an Individual Arthur G. Lawrence, an Individual Dr. Karl H. Sturckow, an Individual, Jpl Properties, a California General Partnership Arthur G. Lawrence Lorraine Howell and Karl H. Sturckow, Cross-Complainants-Appellants v. Federal Deposit Insurance Corporation (Formerly Known as Resolution Trust Corporation), as Receiver for Columbia Savings and Loan Association, 338 Rodeo Corporation, Wilshire-Canon, Inc., Cross-Defendants, and Scott v. Ogilvie and Thomas Harrison, Cross-Defendants-Appellees. Melissa Holdings, Inc., (Erroneously Identified as Development Partners, Inc., Formerly Known as Wilshire Masterpiece, Inc., Formerly Known as Wilshire-Canon, Inc., Formerly Known as 338 Rodeo Corporation), a California Corporation and Liberty Service Corporation, a California Corporation, Plaintiffs-Cross-Defendants-Appellants v. Jpl Properties, a Purported California General Partnership Lorraine Howell, an Individual Arthur G. Lawrence, an Individual Dr. Karl H. Sturckow, an Individual, Defendants-Cross-Complainants-Appellees, Melissa Holdings, Inc., (Erroneously Identified as Development Partners, Inc., Formerly Known as Wilshire Masterpiece, Inc., Formerly Known as Wilshire-Canon, Inc., Formerly Known as 338 Rodeo Corporation), a California Corporation and Liberty Service Corporation, a California Corporation v. Jpl Properties, a Purported California General Partnership Lorraine Howell, an Individual Arthur G. Lawrence, an Individual Dr. Karl H. Sturckow, an Individual, Jpl Properties, a California General Partnership Arthur G. Lawrence Lorraine Howell and Karl H. Sturckow, Cross-Complainants-Appellants v. Federal Deposit Insurance Corporation (Formerly Known as Resolution Trust Corporation), as Receiver for Columbia Savings and Loan Association, 338 Rodeo Corporation, Wilshire-Canon, Inc., Development Partners, Inc., and Scott v. Ogilvie, Cross-Defendants-Appellees. Melissa Holdings, Inc., (Erroneously Identified as Development Partners, Inc., Formerly Known as Wilshire Masterpiece, Inc., Formerly Known as Wilshire-Canon, Inc., Formerly Known as 338 Rodeo Corporation), a California Corporation and Liberty Service Corporation, a California Corporation v. Jpl Properties a Purported California General Partnership Lorraine Howell, an Individual Arthur G. Lawrence, an Individual Dr. Karl H. Sturckow, an Individual, Arthur G. Lawrence, Cross-Complainant v. Jpl Properties, a California General Partnership Lorraine Howell Karl H. Sturckow, Cross-Complainants-Appellants v. Federal Deposit Insurance Corporation, (Formerly Known as Resolution Trust Corporation), as Receiver for Columbia Savings and Loan Association, 338 Rodeo Corporation, Wilshire-Canon, Inc., Development Partners, Inc., and Scott v. Ogilvie, Cross-Defendants-Appellees

79 F.3d 1153 (Ninth Circuit, 1996)

Warner Brothers International Television Distribution v. Golden Channels & Co.

(Ninth Circuit, 2008)

Legislative History

Enacted 1872.

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