Okla. Stat. tit. 12, § 12-729.12
This is the official text of Okla. Stat. tit. 12, § 12-729.12, part of Oklahoma’s Stat. tit. 12, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12,." Browse the sections below, each linked to its official government source.
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Enforcement of provisional remedies
Official statutory text
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 purpose of
payment.
B. For the limited purpose of facilitating the enforcement of
provisional remedies in an action, the value in United States
dollars of assets to be seized or restrained pursuant to a writ of
attachment, garnishment, execution or other legal process, the
amount of United States dollars at issue for assessing costs, or the
amount of United States dollars involved for a surety bond or other
court-required undertaking, must be ascertained as provided in
subsections C and D of this section.
C. A party seeking the process, costs, bond or other
undertaking under subsection B of this section shall compute in
United States dollars the amount of the foreign money claimed from a
bank-offered spot rate prevailing at or near the close of business
on the banking day next preceding the filing of a request or
application for the issuance of process or for the determination of
costs, or an application for a bond or other court-required
undertaking.
D. A party seeking the process, costs, bond or other
undertaking under subsection B of this section shall file with each
request or application an affidavit or certificate executed in good
faith by its counsel or a bank officer, stating the market quotation
used and how it was obtained, and setting forth the calculation.
Affected court officials incur no liability, after a filing of the
Oklahoma Statutes - Title 12. Civil Procedure Page 144
affidavit or certificate, for acting as if the judgment were in the
amount of United States dollars stated in the affidavit or
certificate.
of the section and do not affect computation of the United States
dollar equivalent of the money of the judgment for the purpose of
payment.
B. For the limited purpose of facilitating the enforcement of
provisional remedies in an action, the value in United States
dollars of assets to be seized or restrained pursuant to a writ of
attachment, garnishment, execution or other legal process, the
amount of United States dollars at issue for assessing costs, or the
amount of United States dollars involved for a surety bond or other
court-required undertaking, must be ascertained as provided in
subsections C and D of this section.
C. A party seeking the process, costs, bond or other
undertaking under subsection B of this section shall compute in
United States dollars the amount of the foreign money claimed from a
bank-offered spot rate prevailing at or near the close of business
on the banking day next preceding the filing of a request or
application for the issuance of process or for the determination of
costs, or an application for a bond or other court-required
undertaking.
D. A party seeking the process, costs, bond or other
undertaking under subsection B of this section shall file with each
request or application an affidavit or certificate executed in good
faith by its counsel or a bank officer, stating the market quotation
used and how it was obtained, and setting forth the calculation.
Affected court officials incur no liability, after a filing of the
Oklahoma Statutes - Title 12. Civil Procedure Page 144
affidavit or certificate, for acting as if the judgment were in the
amount of United States dollars stated in the affidavit or
certificate.
Status: in_force · Read it on the official government site
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