Conversions Of Foreign Money In Distribution Proceeding

Mont. Code Ann. § 25-9-709, under Uniform Foreign-Money Claims Act.

Mont. Code Ann. § 25-9-709

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.