{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.01-465.22.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.01-465.22.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.01-465.22.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.01-465.22.html"}],"law_id":69272,"edition_id":1,"section_id":69272,"structure_id":15549,"section_number":"8.01-465.22","catch_line":"Prejudgment and judgment interest","history":"1991, c. 24.","full_text":"With respect to a foreign-money claim, recovery of prejudgment or preaward interest and the rate of interest to be applied in the action or distribution proceeding are matters of the substantive law governing the right to recovery under the conflict-of-laws rules of the Commonwealth.\n\t\tHowever, the court or arbitrator shall increase or decrease the amount of prejudgment or preaward interest otherwise payable in a judgment or award in foreign money to the extent required by the law of the Commonwealth.\n\t\tA judgment or award on a foreign-money claim bears interest at the rate applicable to judgments of the Commonwealth.","order_by":null,"text":{"0":{"id":250626,"text":"With respect to a foreign-money claim, recovery of prejudgment or preaward interest and the rate of interest to be applied in the action or distribution proceeding are matters of the substantive law governing the right to recovery under the conflict-of-laws rules of the Commonwealth.\n\t\tHowever, the court or arbitrator shall increase or decrease the amount of prejudgment or preaward interest otherwise payable in a judgment or award in foreign money to the extent required by the law of the Commonwealth.\n\t\tA judgment or award on a foreign-money claim bears interest at the rate applicable to judgments of the Commonwealth.","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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.01-465.22\/","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":76398,"section_number":"8.01-465.20","catch_line":"Judgments and awards on foreign-money claims; times of money conversion; form of judgment","order_by":null,"url":"\/8.01-465.20\/"}],"refers_to":false,"permalink":{"id":278047,"object_type":"law","relational_id":69272,"identifier":"8.01-465.22","token":"8.01\/17.3\/8.01-465.22","url":"\/8.01-465.22\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.01-465.22\/","token":"8.01\/17.3\/8.01-465.22","dublin_core":{"Title":"Prejudgment and judgment interest","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.01-465.22","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>With respect to a <span class=\"dictionary\">foreign-money claim<\/span>, recovery of prejudgment or preaward interest and the rate of interest to be applied in the <span class=\"dictionary\">action<\/span> or <span class=\"dictionary\">distribution proceeding<\/span> are matters of the substantive <span class=\"dictionary\">law<\/span> governing the right to recovery under the conflict-of-<span class=\"dictionary\">laws<\/span> rules of the Commonwealth.\n\t\tHowever, the <span class=\"dictionary\">court<\/span> or arbitrator shall increase or decrease the amount of prejudgment or preaward interest otherwise payable in a <span class=\"dictionary\">judgment<\/span> or award in <span class=\"dictionary\">foreign money<\/span> to the extent required by the <span class=\"dictionary\">law<\/span> of the Commonwealth.\n\t\tA <span class=\"dictionary\">judgment<\/span> or award on a <span class=\"dictionary\">foreign-money claim<\/span> bears interest at the rate applicable to <span class=\"dictionary\">judgments<\/span> of the Commonwealth.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nPREJUDGMENT AND JUDGMENT INTEREST (\u00a7 8.01-465.22)\n\nWith respect to a foreign-money claim, recovery of prejudgment or preaward\ninterest and the rate of interest to be applied in the action or distribution\nproceeding are matters of the substantive law governing the right to recovery\nunder the conflict-of-laws rules of the Commonwealth.\n\t\tHowever, the court or arbitrator shall increase or decrease the amount of\nprejudgment or preaward interest otherwise payable in a judgment or award in\nforeign money to the extent required by the law of the Commonwealth.\n\t\tA judgment or award on a foreign-money claim bears interest at the rate\napplicable to judgments of the Commonwealth.\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}}