California Civil Code 3429 – A debtor, within the meaning of this Title, is one who, by reason of …
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A debtor, within the meaning of this Title, is one who, by reason of an existing obligation, is or may become liable to pay money to another, whether such liability is certain or contingent.
(Enacted 1872.)
Terms Used In California Civil Code 3429
- 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.