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.
Haw. Rev. Stat. § 658B-8
Conversions of foreign money in a distribution proceeding
Known as the Uniform Foreign-Money Claims Act
The act spans §§ 658–658 (14 sections).
L 1990, c 50, pt of §1
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.