78B-5-409. 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.
Renumbered and Amended by Chapter 3, 2008 General Session
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Last revised: Thursday, May 28, 2009