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HomeGovernment CodeDiv. 2Pt. 1Ch. 1.5Art. 4§ 53191 Investor Reimbursement Agreement Rights

§ 53191 Investor Reimbursement Agreement Rights

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

§ 53191 Investor Reimbursement Agreement Rights

Key Takeaways

  • •If you invest money in a deal where someone promises to pay you back, you can sometimes sell or split your part of that deal.
  • •The rules for selling or splitting your part must be written in the original deal.
  • •This is only about deals where someone agrees to pay you back later.

Example

You lend money to a friend to fix their house, and they agree to pay you back with extra money later.

If your friend writes in the agreement that you can sell your right to get paid back, you could sell it to someone else if you need cash now.

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

Official Source
View on CA.gov

§ 53191 Investor Reimbursement Agreement Rights

The investor’s interest in a reimbursement agreement may be negotiable and divisible, as specified in the agreement. (Added by Stats. 1986, Ch. 1512, Sec. 1.)

Last verified: January 22, 2026

Key Terms

agreementreimbursement

Related Statutes

  • § 53190 District Reimbursement Agreements
  • § 53190.5 Investor Reimbursement Agreement Terms
  • § 53191.5 Financing District Revenue Pledge
  • § 53192 Reimbursement Agreement Obligations
  • § 53193 Investor Enforcement Terms

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 53191.
View Official Source