Indiana Statutes
§ 26-1-3.1-107 — Instrument payable in foreign money
Indiana § 26-1-3.1-107
This text of Indiana § 26-1-3.1-107 (Instrument payable in foreign money) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 26-1-3.1-107 (2026).
Text
Unless the instrument otherwise provides,
an instrument that states the amount payable in foreign money may be
paid in the foreign money or in an equivalent amount in dollars
calculated by using the current bank-offered spot rate at the place of
payment for the purchase of dollars on the day on which the instrument
is paid.
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Legislative History
As added by P.L.222-1993, SEC.5.
Nearby Sections
15
§ 26-1-1-0.3
Certain security interests considered perfected§ 26-1-1-0.5
Status of certain security interests; conditions; lapsing of perfection;
filing of financing statements§ 26-1-1-101
Short title; application§ 26-1-1-104
Construction against implicit repeal§ 26-1-1-105
Repealed§ 26-1-1-106
Remedies to be liberally administered§ 26-1-1-108
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Bluebook (online)
Indiana § 26-1-3.1-107, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-1-3.1-107.