California Civil Code 3430 – A creditor, within the meaning of this Title, is one in whose favor …
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A creditor, within the meaning of this Title, is one in whose favor an obligation exists, by reason of which he is, or may become, entitled to the payment of money.
(Enacted 1872.)
Terms Used In California Civil Code 3430
- 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.