Asserting and defending a 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 States dollars. An opposing party may allege and prove that a claim, in whole or in part, is in a different money than that asserted by the claimant. A person may assert a defense, set-off, recoupment, or counterclaim in any money without regard to the money of other claims. The determination of the proper money of the claim is a question of law.
Annotations
Feb. 10, 1996, D.C. Law 11-85, § 2, 42 DCR 6791 Uniform Law: This section is based upon § 6 of the Uniform Foreign-Money Claims Act. 1981 Ed., § 15-905.
Sourced from the DC Council Open Law Library (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.