{"data":{"id":"us-or/ors-24.315","jurisdiction":"us-or","citation":"ORS 24.315","heading":"Effect of currency substitution.","body":"(1) If, after an obligation is expressed or a loss is incurred in a foreign money, the country issuing or adopting that money substitutes a new money in place of that money, the obligation or the loss is treated as if expressed or incurred in the new money at the rate of conversion the issuing country establishes for the payment of like obligations or losses denominated in the former money.\n      (2) If substitution under subsection (1) of this section occurs after a judgment or award is entered on a foreign-money claim, the court or arbitrator shall amend, upon the motion of any party, the judgment or award by a like conversion of the former money.","path":["01 - Courts, Oregon Rules of Civil Procedure","2. Procedure in Civil Proceedings","Chapter 24 — Enforcement and Recognition of Foreign Judgments; Foreign-Money Claims"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors024.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"fed01b18cc0aa3e288989bf0ceb60f441cd7aa8cd7d159961dce373f188da5d5","source_id":"us-or","stale":false,"prev":"us-or/ors-24.310","next":"us-or/ors-24.320"},"notice":"GroundRules: Original legal text. Not legal advice."}