§ 26-1-1-301 — Choice of law

Indiana § 26-1-1-301

• Jurisdiction: Indiana
• Title 26: COMMERCIAL LAW
• Art. 1: UNIFORM COMMERCIAL CODE
• Ch. 1: General Provisions

Text

(1) Except as otherwise provided in this
section, if a transaction bears a reasonable relation to Indiana and also
to another state or nation, the parties may agree that the law either of
Indiana or of the other state or nation shall govern their rights and
duties.
(2) In the absence of an agreement under subsection (1), and except
as provided in subsection (3), IC 26-1 applies to transactions bearing
an appropriate relation to Indiana.
(3) If any of the following provisions specifies the applicable law,
that provision governs, and a contrary agreement is effective only to the
extent permitted by the law so specified:
(a) IC 26-1-2-402.
(b) IC 26-1-2.1-105 and IC 26-1-2.1-106.
(c) IC 26-1-4-102.
(d) IC 26-1-4.1-507.
(e) IC 26-1-5.1-116.
(f) IC 26-1-8.1-110.
(g) IC 26-1-9.1-301 through IC 26-1-9.1-307.
(h) IC 26-1-12-107.

Legislative History

As added by P.L.143-2007, SEC.5. Amended by P.L.199-2023, SEC.2.