---
title: O.C.G.A. § 11-3-107. Instrument payable in foreign money.
collection: code
id: 11-3-107
cite_as: O.C.G.A. § 11-3-107 (2025)
canonical_url: https://georgiacommons.org/code/11-3-107
md_url: https://georgiacommons.org/code/11-3-107.md
text_url: https://georgiacommons.org/code/11-3-107/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t11-(v9)-2022-pdf.pdf?sfvrsn=b5451bbd_0#page=349
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: COMMERCIAL CODE / NEGOTIABLE INSTRUMENTS / GENERAL PROVISIONS AND DEFINITIONS
---

# O.C.G.A. § 11-3-107. Instrument payable in foreign money.

Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid.

## History

Code 1981, § 11-3-107, enacted by Ga. L. 1996, p. 1306, § 3.