§ 15-902. Variation by agreement.

Current through October 23, 2012

(a) The effect of this chapter may be varied by agreement of the parties made before or after commencement of an action or distribution proceeding or the entry of judgment.

(b) Parties to a transaction may agree upon the money to be used in a transaction giving rise to a foreign-money claim and may agree to use different moneys for different aspects of the transaction. Stating the price in a foreign money for one aspect of a transaction does not alone require the use of that money for other aspects of the transaction.

                
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(Feb. 10, 1996, D.C. Law 11-85, § 2, 42 DCR 6791; Mar. 13, 2004, D.C. Law 15-105, § 101, 51 DCR 881; Apr. 13, 2005, D.C. Law 15-354, § 85(e), 52 DCR 2638.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 15-902.

Effect of Amendments

D.C. Law 15-105, in subsec. (a), substituted "this chapter" for "this act".

D.C. Law 15-354, in subsec. (a), substituted "this chapter" for "this subchapter".

D.C. Law 15-354 validated a previously made technical correction.

Legislative History of Laws

For legislative history of D.C. Law 11-85, see Historical and Statutory Notes following § 15-901.

For Law 15-105, see notes following § 15-901.

For Law 15-354, see notes following § 15-901.

Uniform Law

This section is based upon § 3 of the Uniform Foreign-Money Claims Act. See 13 Uniform Laws Annotated, Master Edition, or ULA Database on WESTLAW.