<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>61984</law_id><section_number>8.01-465.21</section_number><catch_line>Conversions of foreign money in distribution proceeding</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="8.01">Civil Remedies and Procedure</unit><unit label="chapter" level="2" order_by="1" identifier="17.3">Uniform Foreign-Money Claims Act</unit></structure><text>
						<section><p>The <span class="dictionary">rate of exchange</span> prevailing at or near the close of business on the day the <span class="dictionary">distribution proceeding</span> is initiated governs all exchanges of <span class="dictionary">foreign money</span> in a <span class="dictionary">distribution proceeding</span>. A foreign-money claimant in a <span class="dictionary">distribution proceeding</span> shall assert its claim in the named <span class="dictionary">foreign money</span> and show the amount of United <span class="dictionary">States</span> dollars resulting from a conversion as of the date the proceeding was initiated.</p></section></text><history>1991, c. 24.</history><metadata></metadata></law>
