The rate of exchange prevailing at or near the closing of business on the day the distribution proceeding is initiated shall govern all exchanges of foreign money in the proceeding. A foreign-money claimant in a distribution proceeding must assert its claim in the named foreign money and show the amount of U.S. dollars resulting from a conversion as of the date the proceeding was initiated.
Wis. Stat. § 806.37
Conversions of foreign money in a distribution proceeding
Known as the Uniform Foreign-Money Claims Act
The act spans §§ 806–806 (43 sections).
1991 a. 236.
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.