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Cal. Corp. Code § 107

General Provisions and Definitions

Redline — January 1, 2011 → current.View current text →
Current — January 1, 2015
As of January 1, 2011
No corporation, flexible purpose corporation, association or individual shall issue or put in circulation, as money, anything but the lawful money of the United States.
No corporation, social purpose corporation, association, or individual shall issue or put in circulation, as money, anything but the lawful money of the United States.

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