There is a newer version of the Kentucky Revised Statutes
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2009 Kentucky Revised Statutes
Article 3 Negotiable Instruments
355.3.107 Instrument payable in foreign money.

Download pdf


355.3-107 Instrument payable in foreign money. Unless the instrument otherwise provides, an instrument that states the amount payable in <br>foreign money may be paid in the foreign money or in an equivalent amount in dollars <br>calculated by using the current bank-offered spot rate at the place of payment for the <br>purchase of dollars on the day on which the instrument is paid. Effective: January 1, 1997 <br>History: Repealed and reenacted 1996 Ky. Acts ch. 130, sec. 7, effective January 1, 1997. -- Created 1958 Ky. Acts ch. 77, sec. 3-107, effective July 1, 1960.

Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.