ORS 24.295: Conversions of foreign money in distribution proceeding.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
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. [1991 c.202 §9]
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors024.html