Determining money of the claim
N.D. Cent. Code § 32-41-04
in effect32-41-04. Determining money of the claim
The money in which the parties to a transaction have agreed that payment is to be made is
the proper money of the claim for payment. If the parties to a transaction have not otherwise
agreed, the proper money of the claim, as in each case may be appropriate, is the money:
1. Regularly used between the parties as a matter of usage or course of dealing;
2. Used at the time of a transaction in international trade, by trade usage or common
practice, for valuing or settling transactions in the particular commodity or service
involved; or
3. In which the loss was ultimately felt or will be incurred by the party claimant.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t32c41.pdf#nameddest=32-41-04Fetched: 10/16/2026
