Bus. & Prof. Code, § 22515 · Chapter 21.5. Money Exchange Houses
Bus. & Prof. Code, § 22515
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
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.
Notes and commentary — not statutory text
History
Added by Stats. 1988, Ch. 433, Sec. 1.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=22515.
- Text hash
- sha256 e3b312e8f18a0c347b69ac4af6d376cedfc064ffd185528d1900068a2ec50d9c
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.