There is a newer version of the California Code
2011 California Code
Civil Code
DIVISION 4. GENERAL PROVISIONS [3274 - 9566]
TITLE 1. GENERAL PRINCIPLES
Section 3432
CA Civ Code § 3432 (through 2012 Leg Sess) What's This?
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.
(Enacted 1872.)
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