TITLE 1. GENERAL PRINCIPLES

Title 1 enacted 1872.

§§ 3429–3434 · 6 sections

• § 3429 A debtor, within the meaning of this Title, is one who, by reason of an existing obligation, is or may become liable to pay money to another, whether such…
• § 3430 A creditor, within the meaning of this Title, is one in whose favor an obligation exists, by reason of which he is, or may become, entitled to the payment of…
• § 3431 In the absence of fraud, every contract of a debtor is valid against all his creditors, existing or subsequent, who have not acquired a lien on the property…
• § 3432 A debtor may pay one creditor in preference to another, or may give to one creditor security for the payment of his demand in preference to another.
• § 3433 Where a creditor is entitled to resort to each of several funds for the satisfaction of his claim, and another person has an interest in, or is entitled as a…
• § 3434 A lender who makes a loan of money, the proceeds of which are used or may be used by the borrower to finance the design, manufacture, construction, repair,…