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Oregon · Through 2025 Edition

ORS 24.275: Determining proper money of the claim.

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Where this section sits in the code
  1. 01 - Courts, Oregon Rules of Civil Procedure
  2. 2. Procedure in Civil Proceedings
  3. Chapter 24 — Enforcement and Recognition of Foreign Judgments; Foreign-Money Claims

(1) 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.

      (2) If the parties to a transaction have not otherwise agreed, the money of the claim, as in each case may be appropriate, is the money:

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

      (b) 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

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

Collected 2026-09-03T23:50:10Z. Source file · JSON

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