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§ 1540 — 1540 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

1540

U.S. Virgin Islands § 1540 — U.S. Virgin Islands law

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(a) Subject to subsections (b) and (c) of this section, if an action is brought to enforce a judgment of another jurisdiction expressed in a foreign money and the judgment is recognized in this territory as enforceable, the enforcing judgment must be entered as provided in section 1537 of this title whether or not the foreign judgment confers an option to pay in an equivalent amount of United States dollars. A satisfaction or partial payment made upon the foreign judgment, on proof thereof, must be credited against the amount of foreign money specified in the judgment, notwithstanding the entry of judgment in this territory.\n(b) Notwithstanding subsection (a) of this section, a foreign judgment may be filed, docketed or recorded in accordance with any statute of this territory providing a procedure for its recognition and enforcement.\n(c) A judgment entered on a foreign-money claim only in United States dollars in another state must be enforced in this territory in United States dollars only.