New York Statutes
§ 5-1402 — Choice of forum
New York·Law GOB General Obligations·Title 14 Enforceability of Clauses Respecting Choice of Law and Choice of Forum In Certain Transactions·Art. 5 Creation, Definition and Enforcement of Contractual Obligations
§ 5-1402. Choice of forum.
1.Notwithstanding any act which limits or\naffects the right of a person to maintain an action or proceeding,\nincluding, but not limited to, paragraph (b) of section thirteen hundred\nfourteen of the business corporation law and subdivision two of section\ntwo hundred-b of the banking law, any person may maintain an action or\nproceeding against a foreign corporation, non-resident, or foreign state\nwhere the action or proceeding arises out of or relates to any contract,\nagreement or undertaking for which a choice of New York law has been\nmade in whole or in part pursuant to section 5-1401 and which (a) is a\ncontract, agreement or undertaking, contingent or otherwise, in\nconsideration of, or relating to any obligation arising out of a\ntransaction coverin
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Nearby Sections
15
§ 5-1107
Written assignment§ 5-1109
Written irrevocable offer§ 5-1301
How interest calculated§ 5-1401
Choice of law§ 5-1402
Choice of forum§ 5-1501
Application and definitions