North Carolina § 1C-1827 - Conversions of foreign money in distribution proceedings.
Full text of North Carolina North Carolina General Statutes § 1C-1827 — Conversions of foreign money in distribution proceedings., with citation guidance and answers to common questions.
§ 1C-1827. Conversions of foreign money in distribution proceedings.
The rate of exchange prevailing at or near the close of business on the day the distribution proceeding is initiated shall govern 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. History (1995, c. 213, s. 1.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 1C-1827
What does North Carolina General Statutes § 1C-1827 cover?
Section 1C-1827 ("Conversions of foreign money in distribution proceedings.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. 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 North Carolina § 1C-1827?
A common citation format is "North Carolina General Statutes § 1C-1827" (North Carolina). 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 North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 1C-1827 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina 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 North Carolina.