Oklahoma § 12-729.13 - Foreign money revalorization
Full text of Oklahoma Oklahoma Statutes § 12-729.13 — Foreign money revalorization, with citation guidance and answers to common questions.
§ 12-729.13. Foreign money revalorization
A. If, after an obligation is expressed or a loss is incurred
in a foreign money, the country issuing or adopting that money
substitutes a new money in place of that money, the obligation or
the loss is treated as if expressed or incurred in the new money at
the rate of conversion the issuing country establishes for the
payment of like obligations or losses denominated in the former
money.
B. If substitution under subsection A of this section occurs
after a judgment or award is entered on a foreign-money claim, the
court or arbitrator shall amend the judgment or award by a like
conversion of the former money.
Added by Laws 1994, c. 165, § 13, eff. Jan. 1, 1995.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 12-729.13
What does Oklahoma Statutes § 12-729.13 cover?
Section 12-729.13 ("Foreign money revalorization") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. 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 Oklahoma § 12-729.13?
A common citation format is "Oklahoma Statutes § 12-729.13" (Oklahoma). 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 Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 12-729.13 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma 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 Oklahoma.