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§ 39-4c-7 — New Mexico Law | CourtGPT
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  4. Chapter 39 - Judgments, Costs, Appeals/
  5. Article 4c - Foreign-money Claims/
  6. § 39-4c-7
New Mexico Legal Code

§ 39-4c-7

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A. A person may assert a claim in a specified foreign money. If a foreign-money claim is not asserted, the claimant makes the claim in United States dollars. B. An opposing party may allege and prove that a claim, in whole or in part, is in a different money than that asserted by the claimant. C. A person may assert a defense, set-off, recoupment or counterclaim in any money without regard to the money of other claims. D. The determination of the proper money of the claim is a question of law. History: Laws 1991, ch. 181, § 7. ANNOTATIONSApplicability. — Laws 1991, ch. 181, § 18 makes the Uniform Foreign-Money Claims Act applicable to actions and distribution proceedings commenced after July 1, 1991.