                                 CODE OF VIRGINIA

EFFECT OF SUBSTITUTION OF CURRENCY BY ISSUING AUTHORITY (§ 8.01-465.25)

If, after an obligation is expressed or a loss is incurred in a foreign money,
the country issuing or adopting that money substitutes a new money in place of
that money, the obligation or the loss is treated as if expressed or incurred in
the new money at the rate of conversion the issuing country establishes for the
payment of like obligations or losses denominated in the former money. If such
substitution occurs after a judgment or award is entered on a foreign-money
claim, the court or arbitrator shall amend the judgment or award by a like
conversion of the former money.

HISTORY: 1991, c. 24.