Okla. Stat. tit. 12, § 12-729.13
This is the official text of Okla. Stat. tit. 12, § 12-729.13, 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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Foreign money revalorization
Official statutory text
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 incurred in the new money at
the rate of conversion the issuing country establishes for the
payment of like obligations or losses denominated in the former
money.
B. If substitution under subsection A of this section occurs
after a judgment or award is entered on a foreign-money claim, the
court or arbitrator shall amend the judgment or award by a like
conversion of the former money.
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 incurred in the new money at
the rate of conversion the issuing country establishes for the
payment of like obligations or losses denominated in the former
money.
B. If substitution under subsection A of this section occurs
after a judgment or award is entered on a foreign-money claim, the
court or arbitrator shall amend the judgment or award by a like
conversion of the former money.
Status: in_force · Read it on the official government site
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