Title 10 — ISSUES, TRIAL AND JUDGMENT IN CIVIL ACTIONS
6 chapters · 60 sections in this title.
Idaho Code § 10-1501 Definitions
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10-1501. Definitions. As used 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 s…
Idaho Code § 10-1502 Scope
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10-1502. Scope. (a) This chapter applies only to a foreign-money claim in an action or distribution proceeding. (b) This chapter 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 …
Idaho Code § 10-1503 Variation by agreement
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10-1503. 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 tran…
Idaho Code § 10-1504 Determining money of the claim
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10-1504. 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 ea…
Idaho Code § 10-1505 Determining amount of the money of certain contract claims
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10-1505. Determining amount of the money of 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 pai…
Idaho Code § 10-1506 Asserting and defending foreign-money claim
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10-1506. 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 o…
Idaho Code § 10-1507 Judgments and awards on foreign-money claims — Times of money conversion — Form of judgment
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10-1507. 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. (b) A judgment or a…
Idaho Code § 10-1508 Conversions of foreign money in distribution proceeding
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10-1508. 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 …
Idaho Code § 10-1509 Prejudgment and judgment interest
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10-1509. Prejudgment and judgment interest. (a) With respect to a foreign-money claim, recovery of prejudgment or preaward 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 o…
Idaho Code § 10-1510 Enforcement of foreign judgments
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10-1510. 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 section 10-1507, Id…
Idaho Code § 10-1511 Determining United States dollar value of foreign-money claims for limited purposes
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10-1511. 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 …
Idaho Code § 10-1512 Effect of current revalorization
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10-1512. Effect of current 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…
Idaho Code § 10-1513 Supplementary general principles of law
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10-1513. 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…
Idaho Code § 10-1514 Uniformity of application and construction
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10-1514. 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.
Idaho Code § 10-1515 Short title
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10-1515. Short title. This chapter may be cited as the "Uniform Foreign-Money Claims Act."
Idaho Code § 10-1516 Severability
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10-1516. Severability. The provisions of this chapter are hereby declared to be severable and if any provision of this chapter or the application of such provision to any person or circumstance is declared invalid for any reason, such declaration shall not affect the validity of …
Idaho Code § 10-1517 Transitional provision
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10-1517. Transitional provision. This chapter applies to actions and distribution proceedings commenced after its effective date.