§ 903

Enacted by Stats. 1992, Ch. 162, Sec. 10. Operative January 1, 1994.

A debt is “incurred” at the following time:

(a)In the case of a contract, at the time the contract is made.
(b)In the case of a tort, at the time the tort occurs.
(c)In other cases, at the time the obligation arises.

Other sections in Chapter 1 - Definitions

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