Montana Statutes

§ 25-9-709 — Conversions Of Foreign Money In Distribution Proceeding

Montana·Title 25 CIVIL PROCEDURE·Ch. 9 JUDGMENT·Part 7 Uniform Foreign-Money Claims Act
25-9-709 . Conversions of foreign money in distribution proceeding. The rate of exchange prevailing at or near the close of business on the day the distribution proceeding is initiated governs all exchanges of foreign money in a distribution proceeding. A foreign-money claimant in a distribution proceeding shall assert its claim in the named foreign money and show the amount of United States dollars resulting from a conversion as of the date the proceeding was initiated.

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Legislative History

En. Sec. 9, Ch. 152, L. 1993.

Nearby Sections

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