California § 676.8. 676.8. (Added by Stats. 1991, Ch. 932, Sec. 1.)

California Statutes

§ 676.8. — 676.8. (Added by Stats. 1991, Ch. 932, Sec. 1.)

California·Code CCP Code of Civil Procedure - CCP·Title 8.5.·Part 2. TITLE 8.5. UNIFORM FOREIGN-MONEY CLAIMS ACT

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.

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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.

California § 676.8. (676.8. (Added by Stats. 1991, Ch. 932, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.