The Uniform Foreign-Money Claims Act

The Uniform Foreign-Money Claims Act

Part 2, Title 8.5 of the Code of Civil Procedure contains the Uniform Foreign-Money Claims Act. Section 676 specifies that the title is known and may be cited as the Uniform Foreign-Money Claims Act. Section 676.1 defines the following terms: “Action,” “bank-offered spot rate,” “conversion date,” “distribution proceeding,” “foreign money,” “foreign money claim,” “money,” “money of the claim,” “person,” “rate of exchange,” “spot rate,” and “state…