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Current as of January 01, 2023 | Updated by FindLaw Staff
As used in this chapter, the following definitions are applicable:
(a) “Money exchange house” means any individual or business engaged in the business of exchanging or dealing in the currency of the United States, Mexico, or any other country. It does not include any bank, savings association, or credit union chartered under the laws of this state or the United States or to any other business or entity regulated by the Financial Code.
(b) “Currency” means any coined money, banknotes, or other paper money as are authorized by law which circulates from hand to hand as the medium of exchange.
(c) “Buying dollars” means a transaction exchanging foreign currency for currency of the United States.
(d) “Selling dollars” means a transaction exchanging the currency of the United States for foreign currency.
Cite this article: FindLaw.com - California Code, Business and Professions Code - BPC § 22515 - last updated January 01, 2023 | https://codes.findlaw.com/ca/business-and-professions-code/bpc-sect-22515/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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