Statutes, codes, and regulations
General Laws of Rhode Island
Title 9 - COURTS AND CIVIL PROCEDURE-PROCEDURE GENERALLY
Chapter 9-32.1 - UNIFORM FOREIGN MONEY CLAIMS ACT
Section 9-32.1-9 - Conversions of foreign money in distribution proceeding

R.I. Gen. Laws § 9-32.1-9

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Current through 2024 Public Law 457
Section 9-32.1-9 - Conversions of foreign money in distribution proceeding

The rate of exchange prevailing at or near the close of business on the day the distribution proceeding is initiated, governs all exchanges of foreign money in a distribution proceeding. A foreign money claimant in a distribution proceeding shall 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.

R.I. Gen. Laws § 9-32.1-9

P.L. 2009, ch. 248, § 1; P.L. 2009, ch. 266, § 1.