An offer of payment or other performance, duly made, though the title to the thing offered be not transferred to the creditor, stops the running of interest on the obligation, and has the same effect upon all its incidents as a performance thereof.
Cal. Civ. Code § 1504
Offer of Performance
Applied in 37 court decisions — leading case United States v. United States Fidelity & Guaranty Co. (1915)
Most recently applied in Crossroads Investors, L.P. v. Fed. Nat'l Mortg. Ass'n (July 2017)
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.