North Dakota Statutes
§ 32-41-12 — Effect of currency revalorization
North Dakota § 32-41-12
This text of North Dakota § 32-41-12 (Effect of currency revalorization) 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 § 32-41-12 (2026).
Text
If, after an obligation is expressed or a loss is incurred in a foreign money, the country
issuing or adopting that money substitutes a new money in place of that money, the obligation
or the loss is treated as if expressed or incurred in the new money at the rate of conversion the
issuing country establishes for the payment of like obligations or losses denominated in the
former money. If the substitution occurs after a judgment or award is entered on a
foreign-money claim, the court or arbitrator shall amend the judgment or award by a like
conversion of the former money.
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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 suretiesCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 32-41-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/32-41-12.