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California Financial Code

§ 3103

FIN § 3103 Effective Jun 30, 2026Div. 1.25 · Ch. 1

Statute text

View on leginfo.ca.gov
(a)Except as otherwise provided in subdivision (b), this division governs the digital financial asset business activity of a person doing business in this state or, wherever located, who engages in or holds itself out as engaging in the activity with, or on behalf of, a resident.
(b)This division does not apply to activity by any of the following:
(1)The United States, a state, political subdivision of a state, agency, or instrumentality of federal, state, or local government, or a foreign government or a subdivision, department, agency, or instrumentality of a foreign government.
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Legislative history

Amended by Stats. 2026, Ch. 52, Sec. 2. (SB 97) Effective June 30, 2026.

Source: California Financial Code § 3103 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.