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California Civil Code

§ 1542

CIV § 1542 Effective Jan 1, 2019Div. 3 · Title 4 · Part 1 · Ch. 6

Statute text

View on leginfo.ca.gov
A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party.

Legislative history

Amended by Stats. 2018, Ch. 157, Sec. 2. (SB 1431) Effective January 1, 2019.

Source: California Civil Code § 1542 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.