39-4C-9: Conversions of foreign money in distribution proceeding.
Where this section sits in the code
- Chapter 39 - Judgments, Costs, Appeals
- 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