California Civil Code

§ 1500

CIV § 1500 Effective Sep 23, 1981Div. 3 · Title 4 · Part 1 · Ch. 2

Statute text

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.

Legislative history

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