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TITLE 8.5 - UNIFORM FOREIGN-MONEY CLAIMS ACT | Califonrnia Code of Civil Procedure - CCP | Section 676.8.

676.8. 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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Last modified: July 19, 2016