If an action is brought to enforce a judgment of another jurisdiction expressed in a foreign money and the judgment is enforceable in the Commonwealth, the enforcing judgment must be entered as provided in § 8.01-465.20, whether or not the foreign judgment confers an option to pay in an equivalent amount of United States dollars.
A foreign judgment may be filed in accordance with Chapter 17.1 (§ 8.01-465.1 et seq.) or Chapter 17.2 (§ 8.01-465.13:1 et seq.).
A satisfaction or partial payment made upon the foreign judgment, on proof thereof, must be credited against the amount of foreign money specified in the judgment, notwithstanding the entry of judgment in the Commonwealth.
A judgment entered on a foreign-money claim only in United States dollars in another state shall be enforced in United States dollars only.
1991, c. 24; 2014, c. 462.
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