§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 foreign money in a distribution proceeding. A foreign-money claimant in a distribution proceeding must assert its claim in the named foreign money and show the amount of United States dollars resulting from a conversion as of the date the proceeding was initiated. [L 1990, c 50, pt of §1]
Structure Hawaii Revised Statutes
Title 36. Civil Remedies and Defenses and Special Proceedings
658B. Uniform Foreign-Money Claims Act
658B-3 Variation by agreement.
658B-4 Determining the money of the claim.
658B-5 Determining the amount of the money of certain contract claims.
658B-6 Asserting and defending a foreign-money claim.
658B-7 Judgments and awards on foreign-money claims; times of money conversion; form of judgment.
658B-8 Conversions of foreign money in a distribution proceeding.
658B-9 Prejudgment and judgment interest.
658B-10 Enforcement of foreign judgments.
658B-12 Effect of currency revalorizations.