California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 25.1 — Transparency in Frontier Artificial Intelligence ActSection 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.
‹ Previous
Next ›
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