California Commercial Code

§ 9105.1

COM § 9105.1 Effective Jan 1, 2024Div. 9 · Ch. 1

Statute text

(a)A person has control of electronic money if each of the following conditions is satisfied:

(1)The electronic money, a record attached to or logically associated with the electronic money, or a system in which the electronic money is recorded gives the person all of the following:

(A)Power to avail itself of substantially all the benefit from the electronic money.

…

Legislative history

Added by Stats. 2023, Ch. 210, Sec. 27. (SB 95) Effective January 1, 2024.