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2020 California Code
Civil Code - CIV
DIVISION 3 - OBLIGATIONS
PART 1 - OBLIGATIONS IN GENERAL
TITLE 4 - EXTINCTION OF OBLIGATIONS
CHAPTER 2 - Offer of Performance
Section 1503.
Universal Citation: CA Civ Code § 1503 (2020)
1503.
The person offering a thing, other than money, by way of performance, must, if he means to treat it as belonging to the creditor, retain it as a depositary for hire, until the creditor accepts it, or until he has given reasonable notice to the creditor that he will retain it no longer, and, if with reasonable diligence he can find a suitable depositary therefor, until he has deposited it with such person.
(Enacted 1872.)
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