Ohio Rev. Code § 2337.04

Current with legislation from 2024 received as of August 15, 2024.
Section 2337.04 - Determining money of claim
(A) 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.
(B) If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may be appropriate, is the money:
(1) Regularly used between the parties as a matter of usage or course of dealing;
(2) 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
(3) In which the loss was ultimately felt or will be incurred by the party claimant.

R.C. §2337.04

Effective Date: 7/20/1994 .