ORS 24.275¹
Determining proper money of the claim

(1) 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.

(2) If the parties to a transaction have not otherwise agreed, the money of the claim, as in each case may be appropriate, is the money:

(a) Regularly used between the parties as a matter of usage or course of dealing;

(b) 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

(c) In which the loss was ultimately felt or will be incurred by the party claimant. [1991 c.202 §5]

Chapter 24

Notes of Decisions

Foreign dissolu­tion decree need not be registered in order for court to have jurisdic­tion to modify decree. Walker v. Walker, 26 Or App 701, 554 P2d 591 (1976), Sup Ct review denied

Law Review Cita­tions

57 OLR 377 (1978)

1 Legislative Counsel Committee, CHAPTER 24—Money Claims, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors024.­html (2019) (last ac­cessed May 16, 2020).
 
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2019, Chapter 24, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ano024.­html (2019) (last ac­cessed May 16, 2020).
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information