GroundRules
FIN § 5103.5
Where this section sits in the code
- Financial Code - FIN
- DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]
- CHAPTER 1. Short Title, General Definitions, and General Provisions [5000. - 5330.]
- ARTICLE 2. General Definitions [5100. - 5124.]
“Commercial paper” means any note, draft, or bill of exchange which arises out of a current transaction or the proceeds of which have been or are to be used for current transactions, and which has a maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof the maturity of which is likewise limited.
Collected 2026-09-14T05:56:33Z. Source file · JSON