Massachusetts General Laws ch. 107 sec. 10 – Determination of damages in contract action
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Section 10. In an action on a contract, other than a bill of exchange, for the payment of money beyond the limits of the United States, the amount to be recovered by the creditor shall be determined by the current rate of exchange on the date when such contract becomes due, with interest from such date.
Terms Used In Massachusetts General Laws ch. 107 sec. 10
- Contract: A legal written agreement that becomes binding when signed.