Statute · California Civil Code
Cal. Civ. Code § 1500 — Offer of Performance
Cal. Civ. Code § 1500
- Type
- Statute
- Source
- California Civil Code
- Jurisdiction
- California
- Date
- 1981-09-23
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Civ. Code § 1500 — Offer of Performance is in force in the current edition of the Code, and nothing recorded condemns it.
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.