R.I. Gen. Laws § 9-32.1-5: Determining money of the claim.
Where this section sits in the code
- Title 9 Courts and Civil Procedure — Procedure Generally
- Chapter 32.1 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 2026-09-05T19:55:03Z. Source file · JSON