1C-1825. Asserting and defending foreign-money claims.
(a) A person may assert a claim in a specified foreign money. If a foreign-money claim is not asserted, the claimant shall make the claim in United States dollars.
(b) 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.
(c) A person may assert a defense, setoff, recoupment, or counterclaim in any money without regard to the money of other claims.
(d) The determination of the proper money of the claim pursuant to G.S. 1C-1823 is a question of law. (1995, c. 213, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 1C - Enforcement of Judgments
Article 19 - The North Carolina Foreign-Money Claims Act.
§ 1C-1822 - Variation by agreement.
§ 1C-1823 - Determining proper money of the claim.
§ 1C-1824 - Determining amount of the money of certain contract claims.
§ 1C-1825 - Asserting and defending foreign-money claims.
§ 1C-1827 - Conversions of foreign money in distribution proceedings.
§ 1C-1828 - Prejudgment and judgment interest.
§ 1C-1829 - Enforcement of foreign judgments.
§ 1C-1830 - Determining United States dollar value of assets to be seized or restrained.
§ 1C-1831 - Effect of currency revalorization.
§ 1C-1832 - Supplementary general principles of law.