Asserting and defending foreign-money claim
NMSA 1978, § 39-4C-7
in effect39-4C-7. Asserting and defending foreign-money claim
A. A person may assert a claim in a specified foreign money. If a foreign-money claim is not asserted, the claimant makes the claim in United States dollars.
B. An opposing party may allege and prove that a claim, in whole or in part, is in a different money than that asserted by the claimant.
C. A person may assert a defense, set-off, recoupment or counterclaim in any money without regard to the money of other claims.
D. The determination of the proper money of the claim is a question of law.
Laws 1991, ch. 181, § 7.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18539/index.do#!b/39-4C-7Fetched: 10/20/2026
