New Mexico § 39-4C-7 Asserting and defending foreign-money claim

New Mexico Statutes

§ 39-4C-7 — Asserting and defending foreign-money claim

New Mexico·Ch. 39 Judgments, Costs, Appeals·Art. 4C Foreign-Money Claims

A.A person may assert a claim in a specified foreign money. If a foreign-money claim is not asserted, the claimant makes the claim in United States dollars.

B.An opposing party may allege and prove that a claim, in whole or in part, is in a different money than that asserted by the claimant.

C.A person may assert a defense, set-off, recoupment or counterclaim in any money without regard to the money of other claims.

D.The determination of the proper money of the claim is a question of law.

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A. A person may assert a claim in a specified foreign money. If a foreign-money claim is not asserted, the claimant makes the claim in United States dollars. B. An opposing party may allege and prove that a claim, in whole or in part, is in a different money than that asserted by the claimant. C. A person may assert a defense, set-off, recoupment or counterclaim in any money without regard to the money of other claims. D. The determination of the proper money of the claim is a question of law.

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