§ 676.8 Distribution proceeding; foreign-money claimant; rate of exchange
§ 676.8. Distribution proceeding; foreign-money claimant; rate of exchange
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.