NRS 17.570
Determining money of the claim.


1.

The money in which the parties to a transaction have agreed that payment is to be made is the proper money of the claim for payment.

2.

If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may be appropriate, is the money:

(a)

Regularly used between the parties as a matter of usage or course of dealing;

(b)

Used at the time of a transaction in international trade, by trade usage or common practice, for valuing or settling transactions in the particular commodity or service involved; or

(c)

In which the loss was ultimately felt or will be incurred by the party claimant.

Source: Section 17.570 — Determining money of the claim., https://www.­leg.­state.­nv.­us/NRS/NRS-017.­html#NRS017Sec570.

Last Updated

Feb. 5, 2021

§ 17.570’s source at nv​.us