{"code":"FIN","codeName":"Financial Code","section":"5103.5","citation":"Fin. Code, § 5103.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]","url":"https://blackletter.si/financial-code/division-2"},{"name":"CHAPTER 1. Short Title, General Definitions, and General Provisions [5000. - 5330.]","url":"https://blackletter.si/financial-code/division-2/chapter-1"},{"name":"ARTICLE 2. General Definitions [5100. - 5124.]","url":"https://blackletter.si/financial-code/division-2/chapter-1/article-2"}],"history":"Added by Stats. 1984, Ch. 225, Sec. 1.   Effective June 21, 1984.","effective":"1984-06-21","html":"<p>“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.</p>","text":"“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.","otherVersions":[],"url":"https://blackletter.si/financial-code/general-definitions-5103-5","source":"California Legislative Information bulk export (pubinfo)"}