Virginia Law

Code of Virginia

Table of Contents » Title 8.01. Civil Remedies and Procedure » Chapter 17.3. Uniform Foreign-Money Claims Act » § 8.01-465.21. Conversions of foreign money in distribution proceeding

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Code of Virginia
Title 8.01. Civil Remedies and Procedure
Chapter 17.3. Uniform Foreign-Money Claims Act

9/20/2026

§ 8.01-465.21. 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.

1991, c. 24.

The chapters of the acts of assembly referenced in the historical citation at the end of this section may not constitute a comprehensive list of such chapters and may exclude chapters whose provisions have expired.