California Civil Code Section 1503
1503. The person offering a thing, other than money, by way of performance, must, if he means to treat it as belonging to the creditor, retain it as a depositary for hire, until the creditor accepts it, or until he has given reasonable notice to the creditor that he will retain it no longer, and, if with reasonable diligence he can find a suitable depositary therefor, until he has deposited it with such person.
(Enacted 1872.)Section: Previous 1492 1493 1494 1495 1496 1497 1498 1499 1500 1501 1502 1503 1504 1505 Next
Last modified: September 9, 2016