California Codes, Business and Professions Code - BPC, Division 8 — Special Business Regulations, Chapter 25.1 — Transparency in Frontier Artificial Intelligence Act, Section 22757.16

The loss of value of equity does not count as damage to or loss of property for the purposes of this chapter.

Notes

Limits damage to or loss of property under the chapter by excluding loss in the value of equity from that category. Establishes that reduced equity value does not count as property damage or loss for purposes of applying the chapter’s property-damage or property-loss provisions.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 22757.16 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-25-1/section-22757-16

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