Earlier editions: 2020-112018-11
PART 2. OF CIVIL ACTIONS 307-1062.34›TITLE 8.5. UNIFORM FOREIGN-MONEY CLAIMS ACT 676-676.16
§ 676.8
California Code of Civil Procedure · 2026-10 edition · updated 2026-10-04 · California
The rate of exchange prevailing at or near the close of business on the day the distribution proceeding is initiated governs all exchanges of foreign money in a distribution proceeding. A foreign-money claimant in a distribution proceeding shall assert its claim in the named foreign money and show the amount of United States dollars resulting from a conversion as of the date the proceeding was initiated.
(Added by Stats. 1991, Ch. 932, Sec. 1.)
Continue researching
State and federal sources. Edit the document title or filters, then run your search.
Get a plain-English answer with a citation back to this text.
Ask AI about this code