A debtor may pay one creditor in preference to another, or may give to one creditor security for the payment of his demand in preference to another.
Cal. Civ. Code § 3432
GENERAL PRINCIPLES
Applied in 19 court decisions — leading case 39 Cal. 2d 321 - Hansen v. Cramer (1952)
Most recently applied in Aptix Corp. v. Quickturn Design Systems, Inc. (June 2005)
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.