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PART 2. OF CIVIL ACTIONS 307-1062.34›TITLE 8.5. UNIFORM FOREIGN-MONEY CLAIMS ACT 676-676.16

§ 676.8

California Code of Civil Procedure · 2026-09 edition · updated 2026-10-03 · California

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.

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

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