California Codes, Civil Code - CIV, Division 4 — General Provisions, Part 2 — Special Relations of Debtor and Creditor, Title 2 — Void and Voidable Transfers and Undertakings, Chapter 3 — Undertaking in Voidable Transfer Action, Section 3448

The undertaking shall be in the lesser of the following amounts:

(a) Double the value of the property or obligation.

(b) Double the amount of the creditor’s claim in the action.

Notes

Sets the required undertaking at the lesser of two amounts: twice the value of the property or obligation, or twice the amount of the creditor’s claim in the action. The undertaking therefore uses the lower of those two doubled statutory measures when determining the amount required for the undertaking.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 3448 | https://laws.lexinter.net/codes/california/civil-code/division-4/part-2/title-2/chapter-3/section-3448

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