Under existing law, in any action on a contract based on a book account, as defined, that does not provide for attorney's fees and costs, the prevailing party on the contract is entitled to reasonable attorney's fees and costs, and the court is required to fix the attorney's fees in an amount that does not exceed the lesser of $800 for book accounts that are maintained for personal, family, or household purposes of a natural person, and $1,000 for book accounts that are maintained for all other purposes, or 25% of the principal obligation owing on the contract, as applicable.
California SB 363 (20152016) — Attorney's fees: book accounts.
Under existing law, in any action on a contract based on a book account, as defined, that does not provide for attorney's fees and costs, the prevailing party on the contract is entitled to reasonable attorney's fees and costs, and the court is required to fix the attorney's fees in an amount that does not exceed the lesser of $800 for book accounts that are maintained for personal, family, or household purposes of a natural person, and $1,000 for book accounts that are maintained for all other purposes, or 25% of the principal obligation owing on the contract, as applicable.
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