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HomeCivil CodeDiv. 3Pt. 1Ch. 1§ 1473 Obligation Performance Extinguishes Debt

§ 1473 Obligation Performance Extinguishes Debt

Civil Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 1473 Obligation Performance Extinguishes Debt

When a debt or duty is completely fulfilled—either by the person who owes it or by someone else who has their permission and the other side agrees—the obligation is considered finished and no longer exists.

Key Takeaways

  • •Full payment ends the duty.
  • •Payment can come from you or someone else with your consent.
  • •The other party must accept the payment for the duty to end.

Example

You owe your neighbor $50 for a borrowed lawnmower. You pay the $50 yourself, or your friend pays it for you and the neighbor accepts the payment.

Because the full amount is paid and the neighbor agrees, the debt is extinguished—you no longer owe that $50.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 1473 Obligation Performance Extinguishes Debt

Full performance of an obligation, by the party whose duty it is to perform it, or by any other person on his behalf, and with his assent, if accepted by the creditor, extinguishes it. (Enacted 1872.)

Last verified: January 9, 2026

Key Terms

full performanceobligationcreditor

Related Statutes

  • § 1476 Creditor Directed Performance Extinguishment
  • § 1478 Payment Application Rules
  • § 3439.08 Fraudulent Transfer Protections
  • § 1474 Joint Obligation Performance Rule
  • § 1475 Joint Obligation Performance Rule

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Civil Code. Section 1473.
View Official Source