California Corporations Code Section 107

CA Corp Code § 107 (2017)  

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.

(Amended by Stats. 2014, Ch. 694, Sec. 1. (SB 1301) Effective January 1, 2015.)

Last modified: October 25, 2018