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 shall prove that all or part of a claim is in a different money than that asserted by the claimant. A person may assert a defense, setoff, 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.
1991, c. 24.
Structure Code of Virginia
Title 8.01 - Civil Remedies and Procedure
Chapter 17.3 - Uniform Foreign-Money Claims Act
§ 8.01-465.16. Variation by agreement
§ 8.01-465.17. Determining money of the claim
§ 8.01-465.18. Determining amount of the money of certain contract claims
§ 8.01-465.19. Asserting and defending foreign-money claim
§ 8.01-465.21. Conversions of foreign money in distribution proceeding
§ 8.01-465.22. Prejudgment and judgment interest
§ 8.01-465.23. Enforcement of foreign judgments
§ 8.01-465.24. Determining United States dollar value of foreign-money claims for limited purposes
§ 8.01-465.25. Effect of substitution of currency by issuing authority