Bill Text: CA AB129 | 2013-2014 | Regular Session | Chaptered
Bill Title: Lawful money.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2014-06-28 - Chaptered by Secretary of State - Chapter 74, Statutes of 2014. [AB129 Detail]
Download: California-2013-AB129-Chaptered.html
BILL NUMBER: AB 129 CHAPTERED BILL TEXT CHAPTER 74 FILED WITH SECRETARY OF STATE JUNE 28, 2014 APPROVED BY GOVERNOR JUNE 28, 2014 PASSED THE SENATE JUNE 19, 2014 PASSED THE ASSEMBLY JUNE 23, 2014 AMENDED IN SENATE MAY 22, 2014 AMENDED IN ASSEMBLY JANUARY 23, 2014 AMENDED IN ASSEMBLY JANUARY 7, 2014 AMENDED IN ASSEMBLY MARCH 19, 2013 INTRODUCED BY Assembly Member Dickinson JANUARY 15, 2013 An act to repeal Section 107 of the Corporations Code, relating to business associations. LEGISLATIVE COUNSEL'S DIGEST AB 129, Dickinson. Lawful money. Existing law prohibits a corporation, flexible purpose corporation, association, or individual from issuing or putting in circulation, as money, anything but the lawful money of the United States. This bill would repeal that provision. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 107 of the Corporations Code is repealed.