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§ 729.7.Assertion of Claim Or Defense Using a Foreign Money

Chapter 12: Judgment · Not amended since adoption on record · Last verified August 3, 2026

In one sentenceSection 729.7 lets a party plead a claim in a specified foreign money (defaulting to United States dollars if none is specified), lets an opposing party contest that currency choice, permits any money for a defense or counterclaim, and treats the proper-money determination as a question of law.

Full Text of § 729.7

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A. A person may assert a claim in a specified foreign money. If a foreign-money claim is not asserted, the claimant makes the claim in United States dollars.
B. An opposing party may allege and prove that a claim, in whole or in part, is in a different money than that asserted by the claimant.
C. A person may assert a claim as a defense, set-off, recoupment or counterclaim in any money appropriate for the claim without regard to the money of other claims.
D. The determination of the proper money of the claim is a question of law.

Amendment History

Added by Laws 1994, SB 634, c. 165, § 7, eff. 1/1/1995.

Plain-English Summary

A claimant can plead a foreign-money claim in a named currency; if none is specified, the claim is treated as being made in United States dollars by default. The opposing party isn't stuck with that choice — it can allege and prove that all or part of the claim is in a different currency.

A party can also raise a defense, set-off, recoupment, or counterclaim in whatever currency fits that claim, regardless of what currency the opposing claim uses. And deciding which currency is the "proper money of the claim" is a legal question for the court, not a factual one for the jury.

Frequently Asked Questions

What currency applies if I don't specify one when filing a foreign-money claim?

The claim is treated as being made in United States dollars.

Can the other side argue my claim is in a different currency than I filed it in?

Yes. An opposing party may allege and prove that the claim, in whole or in part, is in a different money than the one asserted.

Do my counterclaim and the original claim have to use the same currency?

No. A defense, set-off, recoupment, or counterclaim can use whatever currency is appropriate for it, regardless of the money used for the other claims.

Who decides which currency is the correct one for a claim — judge or jury?

The court. The proper money of the claim is a question of law.

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: pleading claim in foreign currency oklahomadefault currency for unspecified claim12 os 729.7