GroundRules
← Search the law
Utah · Through 2026 General Session

Utah Code § 78B-5-405: Determining the money of the claim.

Read at publisher ↗
Where this section sits in the code
  1. Title 78B Judicial Code
  2. Chapter 78B-5 Trial, Judgment, and Appeal
  3. 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

Browse this collection