Whenever the prevailing price or value of any goods regularly bought and sold in any established commodity market is in issue, reports in official publications or trade journals or in newspapers or periodicals of general circulation published as the reports of such market shall be admissible in evidence. The circumstances of the preparation of such a report may be shown to affect its weight but not its admissibility.
Cal. Com. Code § 2724
Remedies
Known as the Uniform Commercial Code
The act spans §§ 1101 to 12107 (623 sections).
Applied in 1 court decision — leading case 38 Cal. 3d 824 - E. S. Bills, Inc. v. Tzucanow (1985)
Most recently applied in 38 Cal. 3d 824 - E. S. Bills, Inc. v. Tzucanow (June 1985)
Enacted by Stats. 1963, Ch. 819.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.