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Statute 17 570 — Nevada Law | CourtGPT
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Nevada Legal Code

Statute 17 570

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1. 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. 2. If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may be appropriate, is the money: (a) Regularly used between the parties as a matter of usage or course of dealing; (b) 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 (c) In which the loss was ultimately felt or will be incurred by the party claimant. (Added to NRS by 1993, 195)