California Legal Codes and Statutes

§ 1500

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.

Cite this section

Cal. Civ. Code § 1500 (2026)
https://ca.codecond.com/codes/civ/division-3-obligations/part-1-obligations-in-general/title-4-extinction-of-obligations/chapter-2-offer-of-performance/section-1500

Other sections in Chapter 2 - Offer of Performance

§ 1485§ 1486§ 1487§ 1489§ 1490§ 1491§ 1492§ 1493§ 1494§ 1495§ 1496§ 1497§ 1498§ 1499§ 1500§ 1501§ 1502§ 1503§ 1504§ 1505

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