2010 Georgia Code 11-3-107 Case Law
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One Click Case Law for § 11-3-107
O.C.G.A. § 11-3-106 <-- --> O.C.G.A. §11-3-108



2010 Georgia Code

TITLE 11 - COMMERCIAL CODE
ARTICLE 3 - NEGOTIABLE INSTRUMENTS
PART 1 - GENERAL PROVISIONS AND DEFINITIONS
§ 11-3-107 - Instrument payable in foreign money

O.C.G.A. 11-3-107 (2010)
11-3-107. Instrument payable in foreign money


Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com