§ 729.4.Variation of Act By Agreement of Parties
Chapter 12: Judgment · Not amended since adoption on record · Last verified August 3, 2026
Full Text of § 729.4
Amendment History
Added by Laws 1994, SB 634, c. 165, § 4, eff. 1/1/1995.
Plain-English Summary
The Act's rules are defaults, not mandates. Parties can agree to change how the Act applies, and that agreement can come before the dispute arises, after a lawsuit or distribution proceeding starts, or even after judgment.
Parties can also split currencies within one transaction — agreeing to one money for part of the deal and a different money for another part. Pricing one piece of the transaction in a foreign currency doesn't by itself force that same currency onto the rest of the deal.
Frequently Asked Questions
Can parties agree to override this Act's default rules?
Yes. The effect of the Act may be varied by agreement, made before or after the action or distribution proceeding starts, or even after judgment.
Can a contract use different currencies for different parts of the deal?
Yes. Parties may agree to use different moneys for different aspects of the same transaction.
If I price one part of a contract in euros, does that lock in euros for the whole contract?
No. Stating a price in a foreign money for one aspect of a transaction doesn't alone require using that money for the other aspects.