California Codes, Civil Code - CIV, Division 3 — Obligations, Part 2 — Contracts, Title 3 — Interpretation of Contracts, Section 1661
An executed contract is one, the object of which is fully performed. All others are executory.
Notes
Defines an executed contract as one whose object has been fully performed and defines all other contracts as executory. The distinction therefore turns on whether the contractual object is completely performed, not merely whether the parties have signed or otherwise formed the agreement.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1661 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-2/title-3/section-1661