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.
Cal. Civ. Code § 1500
Offer of Performance
Applied in 7 court decisions — leading case People of the State of California v. San Pablo T R Co
Most recently applied in Bawa v. Terhune (January 2019)
Amended by Stats. 1981, Ch. 632, Sec. 1
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.