Fin. Code, § 3901 · Chapter 9. Digital Financial Asset Transaction Kiosks
Fin. Code, § 3901
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
For purposes of this division:
(a) “Charges” means either of the following:
(1) Fees or expenses paid by the customer.
(2) The difference between the current market price of the digital financial asset on a licensed digital financial asset exchange and the price of the digital financial asset charged to the customer.
(b) (1) “Digital financial asset transaction kiosk” means an electronic information processing device that is capable of accepting or dispensing cash in exchange for a digital financial asset.
(2) As used in this subdivision, “cash” means physical United States currency, both coins and paper currency.
(c) “Licensed digital financial asset exchange” means a digital financial asset exchange that is not an operator and has either of the following:
(1) A license to conduct virtual currency business activity in this state or the State of New York pursuant to Part 200 of Title 23 of the New York Codes, Rules and Regulations.
(2) A license pursuant to this division.
(d) “Operator” means a person who owns, operates, or manages a digital financial asset transaction kiosk located in this state.
Notes and commentary — not statutory text
History
Added by Stats. 2023, Ch. 871, Sec. 1. (SB 401) Effective January 1, 2024.
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=FIN§ionNum=3901.
- Text hash
- sha256 5f58a8c9e06b33b3432c528013d1b780d5a2d3cc71e3b433e2e6a62a5a56e628
- 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.