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Home » US Law » 2022 New York Laws » Consolidated Laws » GOB - General Obligations » Article 5 - Creation, Definition and Enforcement of Contractual Obligations » Title 14 - Enforceability of Clauses Respecting Choice of Law and Choice of Forum in Certain Transactions

5-1401 – Choice of Law.

§ 5-1401. Choice of law. 1. The parties to any contract, agreement or undertaking, contingent or otherwise, in consideration of, or relating to any obligation arising out of a transaction covering in the aggregate not less than two hundred fifty thousand dollars, including a transaction otherwise covered by subsection (a) of section 1–301 of the […]

5-1402 – Choice of Forum.

§ 5-1402. Choice of forum. 1. Notwithstanding any act which limits or affects the right of a person to maintain an action or proceeding, including, but not limited to, paragraph (b) of section thirteen hundred fourteen of the business corporation law and subdivision two of section two hundred-b of the banking law, any person may […]