California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 4 — Loan, Chapter 3 — Loan of Money, Section 1913

A borrower of money, unless there is an express contract to the contrary, must pay the amount due in such money as is current at the time when the loan becomes due, whether such money is worth more or less than the actual money lent.

Notes

Requires a money borrower, unless an express contract provides otherwise, to pay the amount due in money that is current when the loan becomes due. The obligation applies whether the current money used for repayment is worth more or less than the actual money originally lent to the borrower.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 1913 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-4/chapter-3/section-1913

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