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New Mexico · Through 2024-10-16

39-4C-9: Conversions of foreign money in distribution proceeding.

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Where this section sits in the code
  1. Chapter 39 - Judgments, Costs, Appeals
  2. ARTICLE 4C Foreign-Money Claims

The rate of exchange prevailing at or near the close of business on the day the distribution proceeding is initiated governs 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 and show the amount of United States dollars resulting from a conversion as of the date the proceeding was initiated.

Collected 2026-09-03T15:02:19Z. Source file · JSON

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