California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 4 — Loan, Chapter 3 — Loan of Money, Section 1912

A loan of money is a contract by which one delivers a sum of money to another, and the latter agrees to return at a future time a sum equivalent to that which he borrowed. A loan for mere use is governed by the Chapter on Loan for Use.

Notes

Defines a loan of money as a contract in which one person delivers a sum of money to another, who agrees to return an equivalent sum at a future time. Sets loans for mere use apart by providing that they are governed by the chapter addressing loans for use.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 1912 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-4/chapter-3/section-1912

Disclaimer: Codes available on Lexinter may not reflect the most current laws in your jurisdiction. We make no warranties regarding the accuracy, completeness, or adequacy of the information provided. Always verify the status of any code with your state legislature or official government sources before relying on it for legal purposes.