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2025 Delaware Code
Title 10 - Courts and Judicial Procedure
Chapter 52. DELAWARE UNIFORM FOREIGN-MONEY CLAIMS ACT
§ 5212. Effect of currency revalorization.
Universal Citation:
10 DE Code § 5212 (2025)
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§ 5212. Effect of currency revalorization.
(a) If, after an obligation is expressed or a loss is incurred in a foreign money, the country issuing or adopting that money substitutes a new money in place of that money, the obligation or the loss is treated as if expressed or incurred in the new money at the rate of conversion the issuing country establishes for the payment of like obligations or losses denominated in the former money.
(b) If substitution under subsection (a) of this section occurs after a judgment or award is entered on a foreign-money claim, the court or arbitrator shall amend the judgment or award by a like conversion of the former money.
71 Del. Laws, c. 148, § 1;
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