Utah Statutes
§ 70A-3-107 — Instrument payable in foreign money.
Utah § 70A-3-107
JurisdictionUtah
Title 70AUniform Commercial Code
Ch. 70A-3Uniform Commercial Code - Negotiable Instruments
Part 70A-3-1General Provisions and Definitions
This text of Utah § 70A-3-107 (Instrument payable in foreign money.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Utah Code Ann. § 70A-3-107 (2026).
Text
Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank-offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid.
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Legislative History
Repealed and Re-enacted by Chapter 237, 1993 General Session
Nearby Sections
15
§ 70A-10-101
Effective date.§ 70A-10-102
Specific repealer -- Provision for transition.§ 70A-10-103
General repealer.§ 70A-10-104
Laws not repealed.§ 70A-1a-101
Title.§ 70A-1a-102
Scope of chapter.§ 70A-1a-104
Construction against implied repeal.§ 70A-1a-105
Severability.§ 70A-1a-106
Use of singular and plural -- Gender.§ 70A-1a-107
Section captions.§ 70A-1a-201
General definitions.§ 70A-1a-202
Notice -- Knowledge.§ 70A-1a-203
Lease distinguished from security interest.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 70A-3-107, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/70A-3-107.