§ 1C-1825 – Asserting and defending foreign-money claims.
1C-1825. Asserting and defending foreign-money claims. (a) A person may assert a claim in a specified foreign money. If a foreign-money claim is not asserted, the claimant shall make 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 […]
§ 1C-1826 – Judgments and awards on foreign-money claims, times of money conversion; form of judgments.
1C-1826. Judgments and awards on foreign-money claims, times of money conversion; form of judgments. (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 claim is payable […]
§ 1C-1827 – Conversions of foreign money in distribution proceedings.
1C-1827. Conversions of foreign money in distribution proceedings. The rate of exchange prevailing at or near the close of business on the day the distribution proceeding is initiated shall govern all exchanges of foreign money in a distribution proceeding. A foreign-money claimant in a distribution proceeding shall assert its claim in the named foreign money […]
§ 1C-1828 – Prejudgment and judgment interest.
1C-1828. Prejudgment and judgment interest. (a) Except as provided in subsection (b) of this section, recovery of prejudgment or pre-award interest and the rate of interest to be applied in the action or distribution proceeding shall be determined by the substantive law governing the right to recovery under the conflict of laws rules of this […]
§ 1C-1829 – Enforcement of foreign judgments.
1C-1829. Enforcement of foreign judgments. Subject to the provisions of Article 17 and 20 of this Chapter: (1) If an action is brought to enforce a judgment of another jurisdiction expressed in a foreign money and the judgment is recognized in this State as enforceable, the enforcing judgment shall be entered as provided in G.S. […]