Hawaii Revised Statutes 658b-4 Determining the Money of the Claim.

[§658B-4] Determining the money of the claim. (a) Except as provided by subsection (b), the proper money of the claim is, as in each case may be appropriate, the money:

(1) Regularly used between the parties as a matter of usage or course of dealing; or

(2) 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

(3) In which the loss was ultimately felt or will be incurred by a party.

(b) The money in which the parties have contracted that a payment be made is the proper money of the claim for that payment. [L 1990, c 50, pt of §1]

Section: Previous  658b-1  658b-2  658b-3  658b-4  658b-5  658b-6  658b-7  658b-8  658b-9  658b-10  658b-11  658b-12  658b-13  658b-14    Next

Last modified: October 27, 2016