Nevada Statutes

§ 17.570 — Determining money of the claim

Nevada·Title 2 CIVIL PRACTICE·Ch. 17 Judgments· FOREIGN-MONEY CLAIMS (UNIFORM ACT)

1. The money in which the parties to a transaction have agreed that payment is to be made is the proper money of the claim for payment. 2. If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may be appropriate, is the money:

(a)Regularly used between the parties as a matter of usage or course of dealing;
(b)Used at the time of a transaction in international trade, by trade usage or common practice, for valuing or settling transactions in the particular commodity or service involved; or
(c)In which the loss was ultimately felt or will be incurred by the party claimant.

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Legislative History

(Added to NRS by 1993, 195 )

Nearby Sections

15
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