§ 9-32.1-7. Asserting and defending a foreign money claim.
(a) 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.
(b) An opposing party may allege and prove that a claim, in whole or in part, is in different money than that asserted by the claimant.
(c) A person may assert a defense, set-off, recoupment, or counterclaim in any money without regard to the money of other claims.
(d) The determination of the proper money of the claim is a question of law.
History of Section.P.L. 2009, ch. 248, § 1; P.L. 2009, ch. 266, § 1.
Structure Rhode Island General Laws
Title 9 - Courts and Civil Procedure – Procedure Generally
Chapter 9-32.1 - Uniform Foreign Money Claims Act
Section 9-32.1-1. - Short title.
Section 9-32.1-2. - Definitions.
Section 9-32.1-4. - Variation by agreement.
Section 9-32.1-5. - Determining money of the claim.
Section 9-32.1-6. - Determining the amount of money of certain contract claims.
Section 9-32.1-7. - Asserting and defending a foreign money claim.
Section 9-32.1-9. - Conversions of foreign money in distribution proceeding.
Section 9-32.1-10. - Prejudgment and judgment interest.
Section 9-32.1-11. - Enforcement of foreign judgments.
Section 9-32.1-13. - Effect of currency revalorization.
Section 9-32.1-14. - Supplementary general principles of law.
Section 9-32.1-15. - Uniformity of application and construction.