Public-domain · open source
OpenJurist

Utah Code § 78B-5-409

Conversions of foreign money in a distribution proceeding

Renumbered and Amended by Chapter 3, 2008 General Session

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.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.