Montana § 25-9-705 Determining Money Of Claim

Montana Statutes

§ 25-9-705 — Determining Money Of Claim

Montana·Title 25 CIVIL PROCEDURE·Ch. 9 JUDGMENT·Part 7 Uniform Foreign-Money Claims Act

25-9-705 . Determining money of claim.

(1)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.

(2)If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may be appropriate, is 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 the party claimant.

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25-9-705 . Determining money of claim. (1) 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.
(2) If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may be appropriate, is 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 the party claimant.

Montana § 25-9-705 (Determining Money Of Claim) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.