ORS 24.310
Determining United States dollar value of foreign-money claims for limited purposes

(1)

Computations under this section are for the limited purposes of the section and do not affect computation of the United States dollar equivalent of the money of the judgment for the purpose of payment.

(2)

For the limited purpose of facilitating the enforcement of provisional remedies in an action, the value in United States dollars of assets to be seized or restrained pursuant to a writ of attachment, garnishment, execution or other legal process, the amount of the United States dollars at issue for assessing costs or the amount of United States dollars involved for a surety bond or other court-required undertaking, must be ascertained as provided in subsections (3) and (4) of this section.

(3)

A party seeking process, costs, bond or other undertaking under subsection (2) of this section shall compute in United States dollars the amount of the foreign money claimed from a bank-offered spot rate prevailing at or near the close of business on the banking day next preceding the filing of a request or application for the issuance of process or for the determination of costs, or an application for a bond or other court-required undertaking.

(4)

A party seeking the process, costs, bond or other undertaking under subsection (2) of this section shall file with each request or application an affidavit or certificate executed in good faith by its counsel or a bank officer, stating the market quotation used and how it was obtained and setting forth the calculation. Affected court officials incur no liability, after a filing of the affidavit or certificate, for acting as if the judgment were in the amount of United States dollars stated in the affidavit or certificate. [1991 c.202 §12]

Source: Section 24.310 — Determining United States dollar value of foreign-money claims for limited purposes, https://www.­oregonlegislature.­gov/bills_laws/ors/ors024.­html.

24.105
Definition for ORS 24.105 to 24.125, 24.135 and 24.155 to 24.175 24.115
Filing of foreign judgment 24.125
Notice of filing of judgment 24.129
Certification of filing in single court 24.135
Grounds for staying enforcement of judgment 24.140
Interest and costs 24.150
Satisfaction of judgment 24.155
Optional procedure 24.165
Construction of ORS 24.105 to 24.125, 24.135 and 24.155 to 24.175 24.175
Short title 24.190
Foreign restraining orders 24.260
Definitions for ORS 24.260 to 24.335 24.265
Scope of application of ORS 24.260 to 24.335 24.270
Variation of application by agreement 24.275
Determining proper money of the claim 24.280
Determining amount of money of certain contract claims 24.285
Asserting and defending foreign-money claim 24.290
Judgments and awards on foreign-money claims 24.295
Conversions of foreign money in distribution proceeding 24.300
Prejudgment and judgment interest 24.305
Enforcement of foreign judgments 24.310
Determining United States dollar value of foreign-money claims for limited purposes 24.315
Effect of currency substitution 24.320
Supplementary general principles of law 24.325
Uniformity of application and construction 24.330
Severability 24.335
Short title 24.350
Definitions for ORS 24.350 to 24.400 24.355
Applicability to judgments 24.360
Standards for recognition of foreign-country judgment 24.365
Personal jurisdiction 24.370
Procedure for recognition of foreign-country judgment 24.375
Effect of recognition of foreign-country judgment 24.380
Stay of proceedings pending appeal of foreign-country judgment 24.385
Statute of limitations 24.390
Uniformity of interpretation 24.395
Saving clause 24.400
Short title
Green check means up to date. Up to date

Current through early 2024

§ 24.310’s source at oregon​.gov