§ 1534. Determining the money of the claim
(a) Except as provided in subsection (b) hereof, the proper money of the claim is, as in each case may be appropriate, the money: (1) regularly used between the parties as a matter of usage or course of dealing; or (2) used at the time of a transaction in international trade, by trade usage or […]
§ 1535. Determining the amount of the money of certain contract claims
(a) If an amount contracted to be paid in a foreign money is measured by a specified amount of a different money, the amount to be paid is determined on the conversion date. (b) If an amount contracted to be paid in a foreign money is to be measured by a different money at the […]
§ 1536. Asserting and defending a foreign-money claim
(a) A claimant may assert a claim in a specified foreign money. If a foreign money is not asserted, the claimant makes a claim for a judgment in United States dollars. (b) An opposing party may allege and prove that the claim is, in whole or in part, for a different money than that asserted […]
§ 1537. Judgments and awards on foreign-money claims: times of money conversion: form of judgment
(a) Except as provided in subsection (c) of this section, a judgment or arbitration award on a foreign-money claim must be stated in amount of the money of the claim. (b) The judgment or award is payable in that foreign money or, at the option of the debtor, in the amount of United States dollars […]
§ 1538. Conversions of foreign money in a distribution proceeding
The rate of exchange prevailing at or near the closing of business on the day the proceeding is initiated shall govern all exchanges of foreign-money in a distribution proceeding. A foreign-money claimant in a distribution proceeding must assert its claim in the named foreign money and show the amount of United States dollars resulting from […]
§ 1530. Short title
This chapter shall be known and may be cited as the “Uniform Foreign Money Claims Act”.