(735 ILCS 5/12-642)
(from Ch. 110, par. 12-642)
Effect of currency revalorization.
(a) If, after an obligation is expressed or a loss is incurred in a
foreign money, the country issuing or adopting that money substitutes a new
money in place of that money, the obligation or the loss is treated as if
expressed or incurred in the new money at the rate of conversion the
issuing country establishes for the payment of like obligations or losses
denominated in the former money.
(b) If substitution under subsection (a) occurs after a judgment or
award is entered on a foreign-money claim, the court or arbitrator shall
amend the judgment or award by a like conversion of the former money.
(Source: P.A. 86-1291.)