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California Commercial Code Section 1309

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A term providing that one party or that party's successor in
interest may accelerate payment or performance or require collateral
or additional collateral "at will" or when the party "deems itself
insecure," or words of similar import, means that the party has power
to do so only if that party in good faith believes that the prospect
of payment or performance is impaired. The burden of establishing
lack of good faith is on the party against which the power has been
exercised.

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Last modified: July 31, 2008