Hawaii Revised Statutes 658b. Uniform Foreign-Money Claims Act

• 658b-1 Definitions.
  In this chapter: "Action" means a judicial proceeding or arbitration in which a money payment may be awarded or enforced in respect of a...
• 658b-2 Scope.
  (a) This chapter applies only to a foreign-money claim in an action or distribution proceeding. (b) This chapter applies to foreign-money issues notwithstanding the...
• 658b-3 Variation by Agreement.
  (a) The effect of provisions of this chapter may be varied by agreement of the parties made at any time before or after commencement...
• 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)...
• 658b-5 Determining the 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...
• 658b-6 Asserting and Defending a Foreign-Money Claim.
  (a) A claimant may assert a claim in a specified foreign money. If a foreign money is not asserted, the claimant makes a claim...
• 658b-7 Judgments and Awards on Foreign-Money Claims; Times of Money Conversion; Form of Judgment.
  (a) Except as provided in subsection (c), a judgment or arbitration award on a foreign-money claim must be stated in an amount of the...
• 658b-8 Conversions of Foreign Money in a Distribution Proceeding.
  The rate of exchange prevailing at or near the closing of business on the day the proceeding is initiated shall govern all exchanges of...
• 658b-9 Prejudgment and Judgment Interest.
  (a) With respect to a foreign-money claim, recovery of prejudgment interest and the rate of interest to be applied in the action or distribution...
• 658b-10 Enforcement of Foreign Judgments.
  (a) Subject to subsections (b) and (c), if an action is brought to enforce a judgment of another jurisdiction expressed in a foreign money...
• 658b-11 Temporarily Determining the United States Dollar Value of Foreign-Money Claims for Limited Purposes.
  (a) For the limited purpose of facilitating the enforcement of provisional remedies in an action, (1) the value in United States dollars of assets...
• 658b-12 Effect of Currency Revalorizations.
  (a) If, after an obligation is expressed or a loss is incurred in a foreign money, the country issuing or adopting that money substitutes...
• 658b-13 Supplementary General Principles of Law.
  Unless displaced by particular provisions of this chapter, the principles of law and equity, including the law merchant, and the law relative to capacity...
• 658b-14 Short Title.
  This chapter may be cited as the Uniform Foreign-Money Claims Act. [L 1990, c 50, pt of §1]

Last modified: October 27, 2016