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Idaho · Through 2026 Legislative Session

Idaho Code § 10-1504: Determining money of the claim.

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Where this section sits in the code
  1. TITLE 10 ISSUES, TRIAL AND JUDGMENT IN CIVIL ACTIONS
  2. CHAPTER 15 UNIFORM FOREIGN-MONEY CLAIMS ACT

(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 be appropriate, is the money:

(1) Regularly used between the parties as a matter of usage or course of dealing;

(2) Used at the time of a transaction in international trade, by trade usage or common practice, for valuing or settling transactions in the particular commodity or service involved; or

(3) In which the loss was ultimately felt or will be incurred by the party claimant.

Collected 2026-09-04T11:16:35Z. Source file · JSON

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