Current through 2024 Regular Session legislation effective June 6, 2024
Section 24.275 - 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.