{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.01-465.17.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.01-465.17.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.01-465.17.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.01-465.17.html"}],"law_id":59309,"edition_id":1,"section_id":59309,"structure_id":15549,"section_number":"8.01-465.17","catch_line":"Determining money of the claim","history":"1991, c. 24.","full_text":"The money in which the parties to a transaction have agreed that payment is to be made is the proper money of the claim for payment. If the parties to a transaction have not otherwise agreed, the proper money of the claim is the money (i) regularly used between the parties as a matter of usage or course of dealing; (ii) used at the time of a transaction in international trade, by trade usage or common practice, for valuing or settling transactions in the particular commodity or service involved; or (iii) in which the loss was ultimately felt or will be incurred by the party claimant.","order_by":null,"text":{"0":{"id":217381,"text":"The money in which the parties to a transaction have agreed that payment is to be made is the proper money of the claim for payment. If the parties to a transaction have not otherwise agreed, the proper money of the claim is the money (i) regularly used between the parties as a matter of usage or course of dealing; (ii) used at the time of a transaction in international trade, by trade usage or common practice, for valuing or settling transactions in the particular commodity or service involved; or (iii) in which the loss was ultimately felt or will be incurred by the party claimant.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15549,"edition_id":1,"name":"Uniform Foreign-Money Claims Act","identifier":"17.3","label":"chapter","depth":2,"order_by":1,"parent_id":12747,"metadata":{},"date_created":"2026-06-26 03:56:13","date_modified":"2026-06-26 03:56:13","permalink":{"id":278013,"object_type":"structure","relational_id":15549,"identifier":"17.3","token":"8.01\/17.3","url":"\/8.01\/17.3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12747,"edition_id":1,"name":"Civil Remedies and Procedure","identifier":"8.01","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":277029,"object_type":"structure","relational_id":12747,"identifier":"8.01","token":"8.01","url":"\/8.01\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":73220,"structure_id":15549,"section_number":"8.01-465.14","catch_line":"Definitions","url":"\/8.01-465.14\/","token":"8.01\/17.3\/8.01-465.14","metadata":false},{"id":68474,"structure_id":15549,"section_number":"8.01-465.15","catch_line":"Scope","url":"\/8.01-465.15\/","token":"8.01\/17.3\/8.01-465.15","metadata":false},{"id":67562,"structure_id":15549,"section_number":"8.01-465.16","catch_line":"Variation by agreement","url":"\/8.01-465.16\/","token":"8.01\/17.3\/8.01-465.16","metadata":false},{"id":59309,"structure_id":15549,"section_number":"8.01-465.17","catch_line":"Determining money of the claim","url":"\/8.01-465.17\/","token":"8.01\/17.3\/8.01-465.17","metadata":false},{"id":64360,"structure_id":15549,"section_number":"8.01-465.18","catch_line":"Determining amount of the money of certain contract claims","url":"\/8.01-465.18\/","token":"8.01\/17.3\/8.01-465.18","metadata":false},{"id":84534,"structure_id":15549,"section_number":"8.01-465.19","catch_line":"Asserting and defending foreign-money claim","url":"\/8.01-465.19\/","token":"8.01\/17.3\/8.01-465.19","metadata":false},{"id":76398,"structure_id":15549,"section_number":"8.01-465.20","catch_line":"Judgments and awards on foreign-money claims; times of money conversion; form of judgment","url":"\/8.01-465.20\/","token":"8.01\/17.3\/8.01-465.20","metadata":false},{"id":61984,"structure_id":15549,"section_number":"8.01-465.21","catch_line":"Conversions of foreign money in distribution proceeding","url":"\/8.01-465.21\/","token":"8.01\/17.3\/8.01-465.21","metadata":false},{"id":69272,"structure_id":15549,"section_number":"8.01-465.22","catch_line":"Prejudgment and judgment interest","url":"\/8.01-465.22\/","token":"8.01\/17.3\/8.01-465.22","metadata":false},{"id":63640,"structure_id":15549,"section_number":"8.01-465.23","catch_line":"Enforcement of foreign judgments","url":"\/8.01-465.23\/","token":"8.01\/17.3\/8.01-465.23","metadata":false},{"id":68655,"structure_id":15549,"section_number":"8.01-465.24","catch_line":"Determining United States dollar value of foreign-money claims for limited purposes","url":"\/8.01-465.24\/","token":"8.01\/17.3\/8.01-465.24","metadata":false},{"id":81957,"structure_id":15549,"section_number":"8.01-465.25","catch_line":"Effect of substitution of currency by issuing authority","url":"\/8.01-465.25\/","token":"8.01\/17.3\/8.01-465.25","metadata":false}],"previous_section":{"id":67562,"structure_id":15549,"section_number":"8.01-465.16","catch_line":"Variation by agreement","url":"\/8.01-465.16\/","token":"8.01\/17.3\/8.01-465.16","metadata":false},"next_section":{"id":64360,"structure_id":15549,"section_number":"8.01-465.18","catch_line":"Determining amount of the money of certain contract claims","url":"\/8.01-465.18\/","token":"8.01\/17.3\/8.01-465.18","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.01-465.17\/","history_text":"<p>This law was first created in 1991. The record of its establishment is cataloged in chapter 24 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1991 \u201cActs\u201d aren\u2019t available online.<\/p>","references":[{"id":73220,"section_number":"8.01-465.14","catch_line":"Definitions","order_by":null,"url":"\/8.01-465.14\/"}],"refers_to":false,"permalink":{"id":278027,"object_type":"law","relational_id":59309,"identifier":"8.01-465.17","token":"8.01\/17.3\/8.01-465.17","url":"\/8.01-465.17\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.01-465.17\/","token":"8.01\/17.3\/8.01-465.17","dublin_core":{"Title":"Determining money of the claim","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.01-465.17","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The money in which the parties to a transaction have agreed that payment is to be made is the proper <span class=\"dictionary\">money of the claim<\/span> for payment. If the parties to a transaction have not otherwise agreed, the proper <span class=\"dictionary\">money of the claim<\/span> is the money (i) regularly used between the parties as a matter of usage or course of dealing; (ii) used at the time of a transaction in international trade, by trade usage or common practice, for valuing or settling transactions in the particular commodity or service involved; or (iii) in which the loss was ultimately felt or will be incurred by the <span class=\"dictionary\">party<\/span> claimant.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nDETERMINING MONEY OF THE CLAIM (\u00a7 8.01-465.17)\n\nThe money in which the parties to a transaction have agreed that payment is to\nbe made is the proper money of the claim for payment. If the parties to a\ntransaction have not otherwise agreed, the proper money of the claim is the\nmoney (i) regularly used between the parties as a matter of usage or course of\ndealing; (ii) used at the time of a transaction in international trade, by trade\nusage or common practice, for valuing or settling transactions in the particular\ncommodity or service involved; or (iii) in which the loss was ultimately felt or\nwill be incurred by the party claimant.\n\nHISTORY: 1991, c. 24.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}