Statute · California Code of Civil Procedure
Cal. Civ. Proc. Code § 676.8 — UNIFORM FOREIGN-MONEY CLAIMS ACT
Cal. Civ. Proc. Code § 676.8
- Type
- Statute
- Source
- California Code of Civil Procedure
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Civ. Proc. Code § 676.8 — UNIFORM FOREIGN-MONEY CLAIMS ACT is in force in the current edition of the Code, and nothing recorded condemns it.
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.