Va. Code § 8.01-465.25
Effect of substitution of currency by issuing authority
Virginia · Code of Virginia Title 8.01 — Civil Remedies and Procedure · Status: effective
Cite this
- Citation
- Va. Code § 8.01-465.25, Effect of substitution of currency by issuing authority, Virginia, version 1 as recorded 2026-09-27, yourstate.us, https://yourstate.us/provision/1398517
- Permanent ID
ys:prov:1398517@1- SHA-256
3e28a0a2cdaba36d1eeaf0338bc5f2138b87b403b5e409ab8831f1e28c1175b7
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
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. If such substitution 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.