State Codes and Statutes

Statutes > New-york > Jud > Article-2 > 27

§  27.  (a)  Except  as  provided  in subdivision (b) of this section,  judgments and accounts must be computed in dollars  and  cents.  In  all  judgments  or  decrees  rendered  by  any court for any debt, damages or  costs, in all executions issued thereupon, and in all  accounts  arising  from  proceedings in courts the amount shall be computed, as near as may  be, in dollars and cents, rejecting lesser fractions; and  no  judgment,  or other proceeding, shall be considered erroneous for such omissions.    (b)  In  any  case  in  which  the  cause  of  action is based upon an  obligation denominated in a currency other than currency of  the  United  States,  a  court  shall  render  or  enter  a judgment or decree in the  foreign currency of the underlying obligation. Such judgment  or  decree  shall  be  converted  into  currency of the United States at the rate of  exchange prevailing on the date of entry of the judgment or decree.

State Codes and Statutes

Statutes > New-york > Jud > Article-2 > 27

§  27.  (a)  Except  as  provided  in subdivision (b) of this section,  judgments and accounts must be computed in dollars  and  cents.  In  all  judgments  or  decrees  rendered  by  any court for any debt, damages or  costs, in all executions issued thereupon, and in all  accounts  arising  from  proceedings in courts the amount shall be computed, as near as may  be, in dollars and cents, rejecting lesser fractions; and  no  judgment,  or other proceeding, shall be considered erroneous for such omissions.    (b)  In  any  case  in  which  the  cause  of  action is based upon an  obligation denominated in a currency other than currency of  the  United  States,  a  court  shall  render  or  enter  a judgment or decree in the  foreign currency of the underlying obligation. Such judgment  or  decree  shall  be  converted  into  currency of the United States at the rate of  exchange prevailing on the date of entry of the judgment or decree.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Jud > Article-2 > 27

§  27.  (a)  Except  as  provided  in subdivision (b) of this section,  judgments and accounts must be computed in dollars  and  cents.  In  all  judgments  or  decrees  rendered  by  any court for any debt, damages or  costs, in all executions issued thereupon, and in all  accounts  arising  from  proceedings in courts the amount shall be computed, as near as may  be, in dollars and cents, rejecting lesser fractions; and  no  judgment,  or other proceeding, shall be considered erroneous for such omissions.    (b)  In  any  case  in  which  the  cause  of  action is based upon an  obligation denominated in a currency other than currency of  the  United  States,  a  court  shall  render  or  enter  a judgment or decree in the  foreign currency of the underlying obligation. Such judgment  or  decree  shall  be  converted  into  currency of the United States at the rate of  exchange prevailing on the date of entry of the judgment or decree.