California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 2 — Credit Sales, Chapter 1 — Retail Installment Sales, Article 6 — Payments, Section 1806.4

After the payment of all sums for which the buyer is obligated under a contract and upon demand made by the buyer, the holder shall deliver, or mail to the buyer at his last known address, such one or more good and sufficient instruments as may be necessary to acknowledge payment in full and to release all security in the goods under such contract.

Notes

Requires the contract holder, after the buyer has paid all sums owed and demands release, to deliver or mail to the buyer’s last known address the instruments needed to acknowledge payment in full and release all security in the goods. The duty arises only after full payment and the buyer’s demand.

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