Cal. Code Civ. Proc. § 676.8

Current through the 2023 Legislative Session.
Section 676.8 - Rate of exchange

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.

Ca. Civ. Proc. Code § 676.8

Added by Stats. 1991, Ch. 932, Sec. 1.