(735 ILCS 5/12-641)
(from Ch. 110, par. 12-641)
Determining United States dollar value of foreign-money
claims for limited purposes.
(a) Computations under this Section are for the limited purposes of the
Section and do not affect computation of the United States dollar
equivalent of the money of the judgment for the purpose of payment.
(b) For the limited purpose of facilitating the enforcement of
provisional remedies in an action, the value in United States dollars of
assets to be seized or restrained pursuant to a writ of attachment,
garnishment, execution, or other legal process, the amount of United States
dollars at issue for assessing costs, or the amount of United States
dollars involved for a surety bond or other court-required undertaking,
must be ascertained as provided in subsections (c) and (d).
(c) A party seeking process, costs, bond, or other undertaking under
subsection (b) shall compute in United States dollars the amount of the
foreign money claimed from a bank-offered spot rate prevailing at or near
the close of business on the banking day next preceding the filing of a
request or application for the issuance of process or for the determination
of costs, or an application for a bond or other court-required undertaking.
(d) A party seeking the process, costs, bond, or other undertaking under
subsection (b) shall file with each request or application an affidavit or
certificate executed in good faith by its counsel or a bank officer,
stating the market quotation used and how it was obtained, and setting
forth the calculation. Affected court officials incur no liability, after
a filing of the affidavit or certificate, for acting as if the judgment
were in the amount of United States dollars stated in the affidavit or
(Source: P.A. 86-1291.)