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California Civil Code

§ 1541

CIV § 1541 Effective Jan 1, 2019Div. 3 · Title 4 · Part 1 · Ch. 6

Statute text

View on leginfo.ca.gov
An obligation is extinguished by a release therefrom given to the debtor or the released party by the creditor or releasing party, upon a new consideration, or in writing, with or without new consideration.

Legislative history

Amended by Stats. 2018, Ch. 157, Sec. 1. (SB 1431) Effective January 1, 2019.

Source: California Civil Code § 1541 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.