Financial Code section 4860

No action on account of any debt or liability assumed by a purchaser in a sale may be commenced against the seller more than one year after the time when the sale becomes effective.

Source: Section 4860, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=4860. (accessed May 9, 2025).

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Last Updated

Apr. 24, 2025

§ 4860’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_4860

Original Source: Section 4860, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=4860. (last accessed Apr. 24, 2025).