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Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 8.01-465.17: Determining money of the claim

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Where this section sits in the code
  1. Title 8.01. Civil Remedies and Procedure
  2. Chapter 17.3. UNIFORM FOREIGN-MONEY CLAIMS ACT

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. If the parties to a transaction have not otherwise agreed, the proper money of the claim is the money (i) regularly used between the parties as a matter of usage or course of dealing; (ii) 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 (iii) in which the loss was ultimately felt or will be incurred by the party claimant.1991, c. 24.

Collected 2026-09-04T15:12:39Z. Source file · JSON

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