Chapter 24 — Enforcement and Recognition of Foreign Judgments; Foreign-Money Claims
ORS 24.275 Determining proper money of the claim
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.
If the parties to a transaction have not otherwise agreed, the money of the claim, as in each case may be appropriate, is the money:
Regularly used between the parties as a matter of usage or course of dealing;
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
In which the loss was ultimately felt or will be incurred by the party claimant.
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Provenance
2025 Oregon Revised Statutes — official online source
Official online edition
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Version history
Earlier statutory text is available in an ingested published ORS edition.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source2023 Oregon Revised Statutes · active · operative text
Official source