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Va. Code § 8.01-465.21

Conversions of foreign money in distribution proceeding

Virginia · Code of Virginia Title 8.01 — Civil Remedies and Procedure · Status: effective

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Va. Code § 8.01-465.21, Conversions of foreign money in distribution proceeding, Virginia, version 1 as recorded 2026-09-27, yourstate.us, https://yourstate.us/provision/1398513
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The rate of exchange prevailing at or near the close of business on the day the distribution proceeding is initiated governs all exchanges of foreign money in a distribution proceeding. A foreign-money claimant in a distribution proceeding shall assert its claim in the named foreign money and show the amount of United States dollars resulting from a conversion as of the date the proceeding was initiated.