A. This act applies only to a foreign-money claim in an action or distribution proceeding.
§ 729.3.Application of Act
Chapter 12: Judgment · Not amended since adoption on record · Last verified August 3, 2026
In one sentenceSection 729.3 limits the Oklahoma Uniform Foreign-Money Claims Act to foreign-money claims in an action or distribution proceeding, and applies it to foreign-money issues even when a different state's law governs the case's other issues.
Full Text of § 729.3
B. This act applies to foreign-money issues even if other law under the conflict of laws rules of this state applies to other issues in the action or distribution proceeding.
Amendment History
Added by Laws 1994, SB 634, c. 165, § 3, eff. 1/1/1995.
Plain-English Summary
The Act only reaches foreign-money claims raised in an action or a distribution proceeding — it isn't a general currency-conversion statute. But within that scope, it controls the foreign-money issues even if this state's conflict-of-laws rules point to a different state's law for everything else in the case.
Frequently Asked Questions
Does this Act apply to every claim involving foreign currency?
Only to a foreign-money claim asserted in an action or distribution proceeding.
If another state's law governs my contract dispute, does this Act still control the currency questions?
Yes. The Act applies to the foreign-money issues even when other law governs the rest of the case.
If I have a claim entirely in a foreign currency, does that alone trigger this Act?
Yes, as long as the foreign-money claim is asserted in an action or distribution proceeding, which is the Act's only scope requirement.
Source & verification. Section text is reproduced verbatim from
Title 12 of the Oklahoma Statutes, enacted by the Oklahoma Legislature.
Last verified August 3, 2026.
· Official source
Also known as: scope of oklahoma foreign money claims actwhen does foreign money act apply12 os 729.3