806.42 – Supplementary general principles of law.
806.42 Supplementary general principles of law. Unless displaced by ss. 806.30 to 806.44, the principles of law and equity, including the law relative to the capacity to contract, principal and agent, estoppel, fraud, misrepresentation, duress, coercion, mistake, bankruptcy or other validating or invalidating causes supplement the provisions under ss. 806.30 to 806.44. History: 1991 a. […]
806.43 – Uniformity of application and construction.
806.43 Uniformity of application and construction. Sections 806.30 to 806.44 shall be applied and construed to effectuate the general purpose of making uniform the law with respect to the subject of ss. 806.30 to 806.44 among states enacting it. History: 1991 a. 236.
806.44 – Short title.
806.44 Short title. Sections 806.30 to 806.44 may be cited as the “Uniform Foreign-Money Claims Act”. History: 1991 a. 236.
806.34 – Determining the amount of the money of certain contract claims.
806.34 Determining the amount of the money of certain contract claims. (1) 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. (2) If an amount contracted to be paid in a foreign […]
806.35 – Asserting and defending a foreign-money claim.
806.35 Asserting and defending a foreign-money claim. (1) 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 U.S. dollars. (2) An opposing party may allege and prove that the claim is, in whole or in part, for […]
806.36 – Judgments and awards on foreign-money claims; times of money conversion; form of judgment.
806.36 Judgments and awards on foreign-money claims; times of money conversion; form of judgment. (1) Except as provided in sub. (3), a judgment or arbitration award on a foreign-money claim must be stated in an amount of the money of the claim. (2) The judgment or award on a foreign-money claim is payable in that […]
806.37 – Conversions of foreign money in a distribution proceeding.
806.37 Conversions of foreign money in a distribution proceeding. The rate of exchange prevailing at or near the closing of business on the day the distribution proceeding is initiated shall govern all exchanges of foreign money in the proceeding. A foreign-money claimant in a distribution proceeding must assert its claim in the named foreign money […]
806.38 – Prejudgment and judgment interest.
806.38 Prejudgment and judgment interest. (1) With respect to a foreign-money claim, recovery of prejudgment interest and the rate of interest to be applied in the action or distribution proceeding are matters of the substantive law governing the right to recovery under the conflict of laws rules of this state. (2) Notwithstanding sub. (1), an […]
806.39 – Enforcement of foreign judgments.
806.39 Enforcement of foreign judgments. (1) Subject to subs. (2) and (3), 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 must be entered as provided in s. 806.36 whether or not the foreign […]
806.40 – Temporarily determining the U.S. dollar value of foreign-money claims for limited purposes.
806.40 Temporarily determining the U.S. dollar value of foreign-money claims for limited purposes. (1) For the limited purpose of facilitating the enforcement of provisional remedies in an action, the value in U.S. dollars of assets to be seized or restrained pursuant to a writ of attachment, garnishment, execution or other legal process, the amount of […]