California Civil Code 3448 – The undertaking shall be in the lesser of the following …
Current as of: 2024 | Check for updates
|
Other versions
The undertaking shall be in the lesser of the following amounts:
(a) Double the value of the property or obligation.
Terms Used In California Civil Code 3448
- Creditor: means "creditor" as defined in Section 3439. See California Civil Code 3445
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- property: includes property real and personal. See California Civil Code 14
(b) Double the amount of the creditor‘s claim in the action.
(Added by Stats. 1982, Ch. 517, Sec. 93.)