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Cal. Civ. Proc. Code § 676.8

UNIFORM FOREIGN-MONEY CLAIMS ACT

Known as the Uniform Foreign-Money Claims Act

The act spans §§ 676–676 (17 sections).

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

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.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.