Delaware § 5103 Scope; choice of law; forum

Delaware Statutes

§ 5103 — Scope; choice of law; forum

Delaware § 5103

Title5

PartMiscellaneous Provisions

Ch. 51Uniform Special Deposits Act

This text of Delaware § 5103 (Scope; choice of law; forum) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 5, § 5103 (2026).

Text

(a)This chapter applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by this chapter, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this State.

(b)The parties to an account agreement may choose a forum in this State for settling a dispute arising out of the special deposit, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this State.

(c)This chapter does not affect:

(1)A right or obligation relating to a deposit other than a special deposit under this chapter; or

(2)The

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(a) This chapter applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by this chapter, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this State.

(b) The parties to an account agreement may choose a forum in this State for settling a dispute arising out of the special deposit, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this State.

(c) This chapter does not affect:

(1) A right or obligation relating to a deposit other than a special deposit under this chapter; or

(2) The voidability of a deposit or transfer that is fraudulent or voidable under other law.