North Dakota Statutes

§ 32-41-04 — Determining money of the claim

North Dakota § 32-41-04
JurisdictionNorth Dakota
Title 32Judicial Remedies
Ch. 32-41Uniform Foreign-Money Claims Act

This text of North Dakota § 32-41-04 (Determining money of the claim) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 32-41-04 (2026).

Text

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

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Bluebook (online)
North Dakota § 32-41-04, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/32-41-04.