SB642,7,20 (2) The foreign-country judgment is enforceable in the same manner and to the same extent as a judgment rendered in this state.

SB642,10 Section 10. 806.56 of the statutes is created to read:

SB642,8,2 806.56 Stay of proceedings pending appeal of a foreign-country judgment. If a party establishes that an appeal from a foreign-country judgment is pending or will be taken in that foreign country, the circuit court may stay any proceedings with regard to the foreign-country judgment until the appeal is concluded, the time for appeal is expired, or the party appealing has had sufficient time to prosecute the appeal and has failed to do so.

SB642,11 Section 11. 806.57 of the statutes is created to read:

SB642,8,8 806.57 Statute of limitations. An action to recognize a foreign-country judgment shall be commenced within the earlier of the time during which the foreign-country judgment is effective in the foreign country where the foreign-country judgment was rendered or 15 years after the date that the foreign-country judgment became effective in that foreign country or be barred.

SB642,12 Section 12. 806.58 of the statutes is created to read:

SB642,8,12 806.58 Uniformity of interpretation. In applying and construing this subchapter, consideration must be given to the general purpose of making uniform the law with respect to the subject of this subchapter among states enacting it.

SB642,13 Section 13 . 806.59 of the statutes is created to read:

SB642,8,15 806.59 Short title. This subchapter may be cited as the Uniform Foreign-Country Money Judgments Recognition Law.

SB642,14 Section 14. Initial applicability.

SB642,8,18 (1) This act first applies to actions commenced in this state on the effective date of this subsection.

SB642,15 Section 15. Effective date.

SB642,8,21 (1) This act takes effect on the first day of the 4th month beginning after publication.

SB642,8,22 (End)