Section 39-4C-4 - Variation by agreement. - New Mexico Statutes

39-4C-4. Variation by agreement.

A.     The effect of the Uniform Foreign-Money Claims Act [39-4C-1 NMSA 1978] 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 transaction giving rise to a foreign-money claim and may agree to use different moneys for different aspects of the transaction.  Stating the price in a foreign money for one aspect of a transaction does not alone require the use of that money for other aspects of the transaction.