West Virginia § 31A-9-3 Scope; choice of law; forum

West Virginia Statutes

§ 31A-9-3 — Scope; choice of law; forum

West Virginia·Ch. 31A BANKS AND BANKING·Art. 9 THE UNIFORM SPECIAL DEPOSITS ACT

(a)This article applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by this article, 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 article does not affect:

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

(2)The

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(a) This article applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by this article, 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 article does not affect:

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

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

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