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5 chapters · 88 sections in this title.
D.C. Code § 15-901 Definitions
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For the purposes of this chapter, the term: (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…
D.C. Code § 15-902 Variation by agreement
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(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 transaction giving rise to a foreign-…
D.C. Code § 15-903 Determining money of the claim
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(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 each case may be appropriate, is the money…
D.C. Code § 15-904 Determining amount of the money of certain contract claims
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(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 paid in a foreign money is to be measured by a different money at the ra…
