Idaho § 10-1508 - Conversions of foreign money in distribution proceeding
Full text of Idaho Idaho Statutes § 10-1508 — Conversions of foreign money in distribution proceeding, with citation guidance and answers to common questions.
§ 10-1508. Conversions of foreign money in distribution proceeding
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.
[10-1508, added 2001, ch. 329, sec. 1, p. 1158.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 10-1508
What does Idaho Statutes § 10-1508 cover?
Section 10-1508 ("Conversions of foreign money in distribution proceeding") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 10-1508?
A common citation format is "Idaho Statutes § 10-1508" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 10-1508 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.