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§ 1538 — 1538 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

1538

U.S. Virgin Islands § 1538 — U.S. Virgin Islands law

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The rate of exchange prevailing at or near the closing of business on the day the proceeding is initiated shall govern all exchanges of foreign-money in a distribution proceeding. A foreign-money claimant in a distribution proceeding must assert its claim in the named foreign money and show the amount of United States dollars resulting from a conversion as of the date the proceeding was initiated.