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NEW MEXICO STATUTES AND CODES

Section 39-4C-7 - Asserting and defending foreign-money claim.

39-4C-7. Asserting and defending foreign-money claim.

A.     A person may assert a claim in a specified foreign money.  If a foreign-money claim is not asserted, the claimant makes the claim in United States dollars.   

B.     An opposing party may allege and prove that a claim, in whole or in part, is in a different money than that asserted by the claimant.   

C.     A person may assert a defense, set-off, recoupment or counterclaim in any money without regard to the money of other claims.   

D.     The determination of the proper money of the claim is a question of law.   

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