A consideration may be executed or executory, in whole or in part. In so far as it is executory it is subject to the provisions of Chapter IV of this Title.
Cal. Civ. Code § 1609
Consideration
Applied in 2 court decisions — leading case La Grill v. Mallard (1891)
Most recently applied in Harper v. Markarian (March 1955)
Enacted 1872.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.