Md. Code, Commercial Law § 3-107
This is the official text of Md. Code, Commercial Law § 3-107, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.
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§3–107.
Official statutory text
Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank-offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid.
Status: in_force · Read it on the official government site
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