{"data":{"id":"us-ca/fin-5103.5","jurisdiction":"us-ca","citation":"FIN § 5103.5","heading":"","body":"“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.","path":["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.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"54042b5c748e679e6b0809cbd3b710fefd2cf48219e7a0d0b20ea9b98b67671b","source_id":"us-ca","stale":false,"prev":"us-ca/fin-5103","next":"us-ca/fin-5104"},"notice":"GroundRules: Original legal text. Not legal advice."}
