The undertaking shall be in the lesser of the following amounts:
(a) Double the value of the property or obligation.
(b) Double the amount of the creditor’s claim in the action.
Undertaking in Voidable Transfer Action
Applied in 1 court decision — leading case 164 Cal. App. 4th 1128 - Shapiro v. Clark (2008)
Most recently applied in 164 Cal. App. 4th 1128 - Shapiro v. Clark (July 2008)
Added by Stats. 1982, Ch. 517, Sec. 93.
The undertaking shall be in the lesser of the following amounts:
(a) Double the value of the property or obligation.
(b) Double the amount of the creditor’s claim in the action.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.