onecle

CHAPTER 2 - Offer of Performance | Califonrnia Civil Code - CIV | 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: July 19, 2016