A non-negotiable written contract for the payment of money or personal property may be transferred by indorsement, in like manner with negotiable instruments. Such indorsement shall transfer all the rights of the assignor under the instrument to the assignee, subject to all equities and defenses existing in favor of the maker at the time of the indorsement.
Cal. Civ. Code § 1459
TRANSFER OF OBLIGATIONS
Applied in 30 court decisions — leading case 54 Cal. 2d 101 - General Motors Acceptance Corp. v. Kyle (1960)
Most recently applied in 788 F. Supp. 2d 1149 - Peel v. BrooksAmerica Mortgage Corp. (June 2011)
Enacted 1872.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.