Nevada § 17.640 - Determining United States dollar value of foreign-money claims for limited purposes

§ 17.640. Determining United States dollar value of foreign-money claims for limited purposes

1. Computations under this section are for the limited purposes of the section and

do not affect computation of the equivalent in United States dollars of the money

of the judgment for the purpose of payment. 2. For the limited purpose of facilitating the enforcement of provisional remedies

in an action, the value in United States dollars of assets to be seized or restrained

pursuant to a writ of attachment, garnishment, execution or other legal process, the

amount of United States dollars at issue for assessing costs, or the amount of United

States dollars involved for a surety bond or other court-required undertaking must

be ascertained as provided in subsections 3 and 4. 3. A party seeking process, costs, bond or other undertaking under subsection 2 shall

compute in United States dollars the amount of the foreign money claimed from a bank-offered

spot rate prevailing at or near the close of business on the banking day next preceding

the filing of a request or application for the issuance of process or for the determination

of costs, or an application for a bond or other court-required undertaking. 4. A party seeking the process, costs, bond or other undertaking under subsection

2 shall file with each request or application an affidavit or certificate executed

in good faith by its counsel or a bank officer, stating the market quotation used

and how it was obtained, and setting forth the calculation. Affected court officers incur no liability, after a filing of the affidavit or certificate,

for acting as if the judgment were in the amount of United States dollars stated in

the affidavit or certificate.