Ca_Law

statute | California

Civil Code - CIV - CIV § 3447

  • UIDca_leginfo_codes:civ-3447
  • CitationCivil Code - CIV - CIV § 3447
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

The undertaking shall be conditioned that, if it is determined in the action that the transfer or obligation was voidable as to the creditor, the transferee will pay to the creditor the lesser of the following amounts: (a) The value of the property or obligation as estimated in t

Text

The undertaking shall be conditioned that, if it is determined in the action that the transfer or obligation was voidable as to the creditor, the transferee will pay to the creditor the lesser of the following amounts:
(a)
The value of the property or obligation as estimated in the undertaking.
(b)
The amount determined in the action to be due and owing to the creditor by the person who transferred the property or incurred the obligation.

Retrieval chunks

  • #1 | Civil Code - CIV - CIV § 3447

    The undertaking shall be conditioned that, if it is determined in the action that the transfer or obligation was voidable as to the creditor, the transferee will pay to the creditor the lesser of the following amounts: (a) The value of the property or obligation as estimated in the undertaking. (b) The amount dete…