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2021 Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1303 | Commercial Paper
Section 1303.06 | Instrument Payable in Foreign Money - Ucc 3-107.
Universal Citation: Ohio Rev Code § 1303.06 (2021)
Effective: August 19, 1994
Latest Legislation: Senate Bill 147 - 120th General Assembly
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.
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