North Dakota Statutes
§ 32-41-04 — Determining money of the claim
9."Rate of exchange" means the rate at which money of one country may be converted
into money of another country in a free financial market convenient to or reasonably
usable by a person obligated to pay or to state a rate of conversion. If separate rates
of exchange apply to different kinds of transactions, the term means the rate
applicable to the particular transaction giving rise to the foreign-money claim.
10."Spot rate" means the rate of exchange at which foreign money is sold by a bank or
other dealer in foreign exchange for immediate or next day availability or for settlement
by immediate payment in cash or equivalent, by charge to an account, or by an agreed
delayed settlement not exceeding two days.
11."State" means a state of the United States, the District of Columbia, the
C
Free access — add to your briefcase to read the full text and ask questions with AI
North Dakota § 32-41-04 (Determining money of the claim) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 32-01-01
Remedies - Classification§ 32-01-02
Action defined§ 32-01-03
Actions - Classification§ 32-01-04
Special proceeding defined§ 32-01-05
Criminal action defined§ 32-01-06
Civil action defined§ 32-01-07
Process in civil action§ 32-01-08
Civil and criminal remedies not merged§ 32-01-10
Provisional remedies classified§ 32-01-12
Conditions of relief from forfeiture§ 32-02-01
Qualifications of sureties - Personal§ 32-02-02
Exception to sureties