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2021 California Code
Commercial Code - COM
DIVISION 3 - NEGOTIABLE INSTRUMENTS
CHAPTER 1 - General Provisions and Definitions
Section 3107.
Universal Citation:
CA Com Code § 3107 (2021)
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3107.
Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank-offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid.
(Repealed and added by Stats. 1992, Ch. 914, Sec. 6. Effective January 1, 1993.)
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