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Uniform Foreign Money Judgments Recognition Act 1996 [30 MIRC Ch.4]

MARSHALL ISLANDS


REVISED CODE 2012


TITLE 30


CIVIL REMEDIES AND SPECIAL PROCEEDINGS


CHAPTER 4.


UNIFORM FOREIGN MONEY-JUDGMENTS RECOGNITION


ARRANGEMENT OF SECTIONS


Section
§401. Short Title.
§402. Definitions.
§403. Applicability.
§404. Recognition and Enforcement.
§405. Grounds for Non-recognition.
§406. Personal Jurisdiction.
§407. Stay in Case of Appeal.
§408. Uniformity of Interpretation.
§409. Exclusive Remedy.


_____________________________


An Act to adopt the Uniform Foreign Money-Judgments Recognition Act with certain modifications and to provide the exclusive bases for the recognition of foreign money judgments.


Commencement: 14 October 1996

Source: P.L. 1996-23


§401. Short Title.


This Chapter may be cited as the Uniform Foreign Money-Judgments Recognition Act. [P.L. 1996-23, §1.]


§402. Definitions.


As used in this Chapter.


(1) "foreign state" means any governmental unit other than the Republic of the Marshall Islands;

§403. Applicability.


This Chapter applies to any foreign judgment that is final and conclusive and enforceable where rendered even though an appeal therefrom is pending, or subject to appeal. [P.L. 1996-23, §3.]


§404. Recognition and Enforcement.


Except as provided in Section 405, a foreign judgment meeting the requirements of section 403 is conclusive between the parties to the extent that it grants or denies recovery of a sum of money. [P.L. 1996-23, §4.]


§405. Grounds for Non-recognition.


(1) A foreign judgment is not conclusive if;





(2) A foreign judgment need not be recognized if:




(f) in the case of jurisdiction based only on personal service, the foreign court was a seriously inconvenient forum for the trial of the action. [P.L. 1996-23, §5.][sub-sections and paragraphs re- numbered to conform to format of the Code]


§406. Personal Jurisdiction.


The foreign judgment shall not be refused recognition for lack of personal jurisdiction if:


(1) the defendant voluntarily appeared in the proceedings, other than for the purpose of protecting property seized or threatened with seizure in the proceedings or a contesting the jurisdiction of the court over him;



§407. Stay in Case of Appeal.


If the defendant satisfies the court either that an appeal is pending or that he is entitled and intends to appeal from the foreign judgment, the court may stay in proceedings until the appeal has been determined or until the expiration of a period of time sufficient to enable the defendant to prosecute the appeal. [P.L. 1996-23, §7.]


§408. Uniformity of Interpretation.


This Chapter shall be so construed as to effectuate its general purpose to make uniform the law of those jurisdictions which enact it. [P.L. 1996-23, §8.]


§409. Exclusive Remedy.


This Chapter provides for the exclusive bases for the enforcement and recognition of foreign money-judgments. [P.L. 1996-23, §9.]


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