Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank-offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid. [1993 c.545 §10]
Section: Previous 73.0101 73.0102 73.0103 73.0104 73.0105 73.0106 73.0107 73.0108 73.0109 73.0110 73.0111 73.0112 73.0113 73.0114 73.0115 NextLast modified: August 7, 2008