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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 2712.71 | Relief granted in foreign currency.

Ohio Revised Code
/
Title 27 Courts-General Provisions-Special Remedies
/
Chapter 2712 International Commercial Arbitration
 
Effective:
October 23, 1991
Latest Legislation:
House Bill 221 - 119th General Assembly
PDF:
Download Authenticated PDF
 

The courts of this state shall confirm a final award, notwithstanding the fact that it grants relief in a currency other than United States dollars. In such a case, the court, in addition to entering the order in a foreign currency designated by the award, upon application by a party also shall enter that order in United States dollars determined by reference to the market rate of exchange prevailing in this state on the date the award was issued, unless the award itself fixes some other date. If no such market rate of exchange is available, the court shall fix the rate it determines to be appropriate.

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