GroundRules
28-1-1225: Deposit of money offered in payment.
Where this section sits in the code
- TITLE 28. CONTRACTS AND OTHER OBLIGATIONS
- CHAPTER 1. OBLIGATIONS IN GENERAL
- Part 12. Extinction of Obligation by Offer of Performance
An obligation for the payment of money is extinguished by a due offer of payment if the amount is immediately deposited in the name of the creditor with some bank of deposit within this state of good repute and notice thereof is given to the creditor.
Collected 2026-09-14T04:50:42Z. Source file · JSON