Utah Code § 78B-5-405: Determining the money of the claim.
Where this section sits in the code
- Title 78B Judicial Code
- Chapter 78B-5 Trial, Judgment, and Appeal
- Part 78B-5-4 Uniform Foreign-Money Claims Act
(1) Except as provided by Subsection (2), the proper money of the claim is, as in each case may be appropriate, 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 a party.
(2) The money in which the parties have contracted that a payment be made is the proper money of the claim for that payment.
Collected 2026-09-03T11:34:34Z. Source file · JSON