§ 1C-1834 – Short title.
1C-1834. Short title. This Article may be cited as the North Carolina Foreign-Money Claims Act. (1995, c. 213, s. 1.)
§ 1C-1850 – Short title.
1C-1850. Short title. This Article may be cited as the North Carolina Uniform Foreign-Country Money Judgments Recognition Act. (2009-325, s. 2.)
§ 1C-1851 – Definitions.
1C-1851. Definitions. The following definitions apply in this Article: (1) Foreign country. – A government other than: a. The United States; b. A state, district, commonwealth, territory, or insular possession of the United States; or c. Any other government with regard to which the decision in this State as to whether to recognize a judgment […]
§ 1C-1852 – Applicability; saving clause.
1C-1852. Applicability; saving clause. (a) Except as otherwise provided in subsection (b) of this section, this Article applies to a foreign-country judgment to the extent that the judgment: (1) Grants or denies recovery of a sum of money; and (2) Under the law of the foreign country where rendered, is final, conclusive, and enforceable. (b) […]
§ 1C-1853 – Standards for recognition and nonrecognition of foreign-country judgment.
1C-1853. Standards for recognition and nonrecognition of foreign-country judgment. (a) Except as otherwise provided in this section, a court of this State shall recognize a foreign-country judgment to which this Article applies. (b) A court of this State shall not recognize a foreign-country judgment if: (1) The judgment was rendered under a judicial system that, […]
§ 1C-1854 – Personal jurisdiction.
1C-1854. Personal jurisdiction. (a) A foreign-country judgment shall not be refused recognition for lack of personal jurisdiction if any of the following exist: (1) The defendant was served with process personally in the foreign country. (2) The defendant voluntarily appeared in the proceeding, other than for the purpose of protecting property seized or threatened with […]
§ 1C-1824 – Determining amount of the money of certain contract claims.
1C-1824. 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 shall be determined on the conversion date. (b) If an amount contracted to be paid in a foreign […]
§ 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 […]