47-1301. Territorial applicability; parties' power to choose applicable law
A. Except as otherwise provided in this section, when a transaction bears a reasonable relation to this state and also to another state or nation, the parties may agree that the law either of this state or of such other state or nation shall govern their rights and duties.
B. In the absence of an agreement effective under subsection A of this section, and except as provided in subsection C of this section, this title applies to transactions bearing an appropriate relation to this state.
C. To the extent that this title governs a transaction, if one of the following sections of this title specifies the applicable law, that section governs and a contrary agreement is effective only to the extent permitted by the law so specified:
1. Section 47-2402.
2. Sections 47-2A105 and 47-2A106.
3. Section 47-4102.
4. Section 47-4A507.
5. Section 47-5116.
6. Section 47-8110.
7. Sections 47-9301 through 47-9307.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.