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Code · Nevada · CHAPTER 17 - JUDGMENTS

NRS 17.530 “Rate of exchange” defined.

76 words·~1 min read·/nv/chapter-17-judgments/17-530

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NRS 17.530 “Rate of exchange” defined. “Rate of exchange” means the rate at which money of one country may be converted into money of another country in a free financial market convenient to or reasonably usable by a person obligated to pay or to state a rate of conversion. If separate rates of exchange apply to different kinds of transactions, the term means the rate applicable to the particular transaction giving rise to the foreign-money claim.
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