N.D. Cent. Code § 32-41-04: Determining money of the claim
Where this section sits in the code
- Title 32 Judicial Remedies
- Chapter 32-41 Uniform Foreign-Money Claims Act
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. 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 2026-09-02T21:04:14Z. Source file · JSON