Instrument payable in foreign money.
Utah Code § 70A-3-107
in effect70A-3-107. Instrument payable in foreign money.
Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank-offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid.
Repealed and Re-enacted by Chapter 237, 1993 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title70A/Chapter3/70A-3-S107.html?v=C70A-3-S107_1800010118000101Fetched: 10/26/2026