California § 676.12 - If, after an obligation is expressed or a loss is incurred in a foreign money, th
Full text of California Public Contract Code - PCC § 676.12 — If, after an obligation is expressed or a loss is incurred in a foreign money, th, with citation guidance and answers to common questions.
§ 676.12. If, after an obligation is expressed or a loss is incurred in a foreign money, th
(a) If, after an obligation is expressed or a loss is incurred in a foreign money, the country issuing or adopting that money substitutes a new money in place of that money, the obligation or the loss is treated as if expressed or incurred in the new money at the rate of conversion the issuing country establishes for the payment of like obligations or losses denominated in the former money. (b) If substitution under subdivision (a) occurs after a judgment or award is entered on a foreign-money claim, the court or arbitrator shall amend the judgment or award by a like conversion of the former money.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 676.12
What does Public Contract Code - PCC § 676.12 cover?
Section 676.12 ("If, after an obligation is expressed or a loss is incurred in a foreign money, th") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 676.12?
A common citation format is "Public Contract Code - PCC § 676.12" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 676.12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.