Tex. Bus. & Com. Code § 3.107

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 3.107 - Instrument Payable in Foreign Money

Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank-offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid.

Tex. Bus. and Comm. Code § 3.107

Amended by Acts 1995, 74th Leg., ch. 921, Sec. 1, eff. 1/1/1996.