Utah Statutes

§ 78B-5-409 — Conversions of foreign money in a distribution proceeding.

Utah·Title 78B Judicial Code·Ch. 78B-5 Trial, Judgment, and Appeal·Part 78B-5-4 Uniform Foreign-Money Claims Act
The rate of exchange prevailing at or near the closing of business on the day the proceeding is initiated shall govern all exchanges of foreign money in a distribution proceeding. A foreign-money claimant in a distribution proceeding must assert its claim in the named foreign money and show the amount of United States dollars resulting from a conversion as of the date the proceeding was initiated.

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Utah § 78B-5-409 (Conversions of foreign money in a distribution proceeding.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Renumbered and Amended by Chapter 3, 2008 General Session

Nearby Sections

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