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Colo. Rev. Stat. § 13-62.1-101 Definitions
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In this article: (1) "Action" means a judicial proceeding or arbitration in which a payment in money may be awarded or enforced with respect to a foreign-money claim. (2) "Bank-offered spot rate" means the spot rate of exchange at which a bank will sell foreign money at a spot ra…
Colo. Rev. Stat. § 13-62.1-102 Scope
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(1) This article applies only to a foreign-money claim in an action or distribution proceeding. (2) This article applies to foreign-money issues even if other law under the conflict of laws rules of this state applies to other issues in the action or distribution proceeding. Sour…
Colo. Rev. Stat. § 13-62.1-103 Variation by agreement
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(1) The effect of this article may be varied by agreement of the parties made before or after commencement of an action or distribution proceeding or the entry of judgment. (2) Parties to a transaction may agree upon the money to be used in a transaction giving rise to a foreign-…
Colo. Rev. Stat. § 13-62.1-104 Determining money of the claim
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(1) The money in which the parties to a transaction have agreed that payment is to be made is the proper money of the claim for payment. (2) If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may be appropriate, is the money:…