§ 78B-5-407. Asserting and defending a foreign-money claim.

Latest version.

(1) A claimant may assert a claim in a specified foreign money. If a foreign money is not asserted, the claimant makes a claim for a judgment in United States dollars.

(2) An opposing party may allege and prove the claim is in whole or in part for a different money than that asserted by the claimant.

(3) Any party may assert a defense, set-off, recoupment, or counterclaim in any money without regard to the money of other claims.

(4) The determination of the proper money of the claim is a question of law.

Renumbered and Amended by Chapter 3, 2008 General Session

                    
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