BlackletterCalifornia law

Civil Code § 1500

CHAPTER 2. Offer of Performance

Current as of September 28, 2026Civ. Code, § 1500Official source ↗

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

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.