Del. Code tit. 10 § 5208

Current through 2024 Legislative Session Act Chapter 531

Section 5208 - Conversions of foreign money in distribution proceeding

The rate of exchange prevailing at or near the close of business on the day the distribution proceeding is initiated governs all exchanges of foreign money in a distribution proceeding. A foreign-money claimant in a distribution proceeding shall 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.

10 Del. C. § 5208

71 Del. Laws, c. 148, § 1.;