Title 10 — Courts and Judicial Procedure
63 chapters · 561 sections in this title.
10 Del. C. § 5201. Definitions.
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§ 5201. Definitions. In this chapter: (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 forei…
10 Del. C. § 5202. Scope.
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§ 5202. Scope. (a) This chapter applies only to a foreign-money claim in an action or distribution proceeding. The provisions of this chapter are applicable to such foreign-money claims notwithstanding any contrary provisions of law. (b) This chapter applies to foreign-money issu…
10 Del. C. § 5203. Variation by agreement.
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§ 5203. Variation by agreement. (a) The effect of this chapter may be varied by agreement of the parties made before or after commencement of an action or distribution proceeding or the entry of judgment. (b) Parties to a transaction may agree upon the money to be used in a trans…
10 Del. C. § 5204. Determining money of the claim.
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§ 5204. Determining money of the claim. (a) 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. (b) If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in eac…
10 Del. C. § 5205. Determining amount contracted for in certain contract claims.
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§ 5205. Determining amount contracted for in certain contract claims. (a) If an amount contracted to be paid in a foreign money is measured by a specified amount of a different money, the amount to be paid is determined on the conversion date. (b) If an amount contracted to be pa…
10 Del. C. § 5206. Asserting and defending foreign-money claim.
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§ 5206. Asserting and defending foreign-money claim. (a) A person may assert a claim in a specified foreign money. If a foreign-money claim is not asserted, the claimant makes the claim in United States dollars. (b) An opposing party may allege and prove that a claim, in whole or…
10 Del. C. § 5207. Judgments and awards on foreign-money claims; times of money conversion; form of judgment.
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§ 5207. Judgments and awards on foreign-money claims; times of money conversion; form of judgment. (a) Except as provided in subsection (c) of this section, a judgment or award on a foreign-money claim must be stated in an amount of the money of the claim. Such a judgment or awar…
10 Del. C. § 5208. Conversions of foreign money in distribution proceeding.
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§ 5208. 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…
10 Del. C. § 5209. Pre-judgment and judgment interest.
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§ 5209. Pre-judgment and judgment interest. (a) With respect to a foreign-money claim, recovery of pre-judgment or pre-award interest and the rate of interest to be applied in the action or distribution proceeding, except as provided in subsection (b) of this section, are matters…
10 Del. C. § 5210. Enforcement of foreign judgments.
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§ 5210. Enforcement of foreign judgments. (a) If an action is brought to enforce a judgment of another jurisdiction expressed in a foreign money and the judgment is recognized in this State as enforceable, the enforcing judgment must be entered as provided in § 5207 of this title…
10 Del. C. § 5211. Determining United States dollar value of foreign-money claims for limited purposes.
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§ 5211. Determining United States dollar value of foreign-money claims for limited purposes. (a) Computations under this section are for the limited purposes of the section and do not affect computation of the United States dollar equivalent of the money of the judgment for the p…
10 Del. C. § 5212. Effect of currency revalorization.
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§ 5212. Effect of currency revalorization. (a) If, after an obligation is expressed or a loss is incurred in a foreign money, the country issuing or adopting that money substitutes a new money in place of that money, the obligation or the loss is treated as if expressed or incurr…
10 Del. C. § 5213. Supplementary general principles of law.
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§ 5213. Supplementary general principles of law. Unless displaced by particular provisions of this chapter, the principles of law and equity, including the law merchant and the law relative to capacity to contract, principal and agent, estoppel, fraud, misrepresentation, duress, …
10 Del. C. § 5214. Uniformity of application and construction.
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§ 5214. Uniformity of application and construction. This chapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this chapter among states enacting it.71 Del. Laws, c. 148, § 1;
10 Del. C. § 5215. Short title.
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§ 5215. Short title. This chapter may be cited as the “Uniform Foreign-Money Claims Act.”71 Del. Laws, c. 148, § 1;