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CA AB129

Bill

Status

Passed

6/28/2014

Primary Sponsor

Roger Dickinson

Click for details

Origin

State Assembly

2013-2014 Session

AI Summary

  • Repeals Section 107 of the Corporations Code
  • Removes prohibition on corporations, flexible purpose corporations, associations, and individuals from issuing or circulating anything other than lawful U.S. money as currency
  • Approved by Governor on June 28, 2014 and chaptered as Chapter 74

Legislative Description

Lawful money.

Last Action

Chaptered by Secretary of State - Chapter 74, Statutes of 2014.

6/28/2014

Committee Referrals

Banking and Financial Institutions2/6/2014
Rules1/29/2014
Banking and Finance3/19/2013

Full Bill Text

No bill text available