Section 10-1517 – TRANSITIONAL PROVISION.
10-1517. TRANSITIONAL PROVISION. This chapter applies to actions and distribution proceedings commenced after its effective date. History: [10-1517, added 2001, ch. 329, sec. 1, p. 1160.]
Section 10-1502 – SCOPE.
10-1502. SCOPE. (a) This chapter applies only to a foreign-money claim in an action or distribution proceeding. (b) This chapter applies to foreign-money issues even if other law under the conflict of laws rules of this state applies to other issues in the action or distribution proceeding. History: [10-1502, added 2001, ch. 329, sec. 1, […]
Section 10-1503 – VARIATION BY AGREEMENT.
10-1503. VARIATION BY AGREEMENT. (a) The effect of this chapter may be varied by agreement of the parties made before or after commencement of an action or distribution proceeding or the entry of judgment. (b) Parties to a transaction may agree upon the money to be used in a transaction giving rise to a foreign-money […]
Section 10-1504 – DETERMINING MONEY OF THE CLAIM.
10-1504. DETERMINING MONEY OF THE CLAIM. (a) The money in which the parties to a transaction have agreed that payment is to be made is the proper money of the claim for payment. (b) If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may […]
Section 10-1505 – DETERMINING AMOUNT OF THE MONEY OF CERTAIN CONTRACT CLAIMS.
10-1505. DETERMINING 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 […]
Section 10-1506 – ASSERTING AND DEFENDING FOREIGN-MONEY CLAIM.
10-1506. ASSERTING AND DEFENDING FOREIGN-MONEY CLAIM. (a) A person may assert a claim in a specified foreign money. If a foreign-money claim is not asserted, the claimant makes the claim in United States dollars. (b) An opposing party may allege and prove that a claim, in whole or in part, is in a different money […]
Section 10-1507 – JUDGMENTS AND AWARDS ON FOREIGN-MONEY CLAIMS — TIMES OF MONEY CONVERSION — FORM OF JUDGMENT
10-1507. 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 award on a foreign-money claim must be stated in an amount of the money of the claim. (b) A judgment or award on a foreign-money […]