§ 1C-1827. Conversions of foreign money in distribution proceedings. - North Carolina Statutes

§ 1C‑1827.  Conversionsof foreign money in distribution proceedings.

The rate of exchangeprevailing at or near the close of business on the day the distributionproceeding is initiated shall govern all exchanges of foreign money in adistribution proceeding.  A foreign‑money claimant in a distributionproceeding shall assert its claim in the named foreign money and show theamount of United States dollars resulting from a conversion as of the date theproceeding was initiated. (1995, c. 213, s. 1.)