Code of Virginia - Title 8.01 Civil Remedies And Procedure - Chapter 17.3 Uniform Foreign-Money Claims Act

  • 8.01-465.14 Definitions
    As used in this chapter: "Action" means a judicial proceeding or arbitration in which a payment in money may be awarded or enforced with respect ...
  • 8.01-465.15 Scope
    This chapter applies only to a foreign-money claim in an action or distribution proceeding and applies to foreign-money issues even if other law under the ...
  • 8.01-465.16 Variation by agreement
    The effect of this chapter may be varied by agreement of the parties made before or after commencement of an action or distribution proceeding or ...
  • 8.01-465.17 Determining money of the claim
    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 ...
  • 8.01-465.18 Determining amount of the money of certain contract claims
    A. If an amount contracted to be paid in a foreign money is measured by a specified amount of a different money, the amount to ...
  • 8.01-465.19 Asserting and defending foreign-money claim
    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 ...
  • 8.01-465.20 Judgments and awards on foreign-money claims; times of money conversion; form of judgment
    A. A judgment or award on a foreign-money claim must be stated in an amount of the money of the claim. However, assessed costs must ...
  • 8.01-465.21 Conversions of foreign money in distribution proceeding
    The rate of exchange prevailing at or near the close of business on the day the distribution proceeding is initiated governs all exchanges of foreign ...
  • 8.01-465.22 Prejudgment and judgment interest
    With respect to a foreign-money claim, recovery of prejudgment or preaward interest and the rate of interest to be applied in the action or distribution ...
  • 8.01-465.23 Enforcement of foreign judgments
    If an action is brought to enforce a judgment of another jurisdiction expressed in a foreign money and the judgment is enforceable in the Commonwealth, ...
  • 8.01-465.24 Determining United States dollar value of foreign-money claims for limited purposes
    For the limited purpose of facilitating the enforcement of provisional remedies in an action, (i) the value in United States dollars of assets to be ...
  • 8.01-465.25 Effect of substitution of currency by issuing authority
    If, after an obligation is expressed or a loss is incurred in a foreign money, the country issuing or adopting that money substitutes a new ...

Last modified: April 2, 2009