§ 1G-1 – Short title.

1G-1. Short title. This Chapter may be cited as the North Carolina Choice of Law and Forum in Business Contracts Act. (2017-123, s. 1.)

§ 1G-2 – Definitions.

1G-2. Definitions. The following definitions apply in this Chapter: (1) Business contract. – A contract or undertaking, contingent or otherwise, entered into primarily for business or commercial purposes. The term does not include a consumer contract or an employment contract. (2) Consumer contract. – A contract or undertaking, contingent or otherwise, entered into by an […]

§ 1G-3 – Choice of North Carolina law in business contracts.

1G-3. Choice of North Carolina law in business contracts. (a) Choice of Law. – The parties to a business contract may agree in the business contract that North Carolina law shall govern their rights and duties in whole or in part, whether or not any of the following statements are true: (1) The parties, the […]

§ 1G-4 – Choice of North Carolina forum in business contracts.

1G-4. Choice of North Carolina forum in business contracts. (a) Choice of Forum. – Notwithstanding any other provision of law, a party to a business contract may bring an action in the courts of this State for a dispute arising from the business contract if the business contract contains both of the following provisions: (1) […]

§ 1G-5 – Effect of provisions.

1G-5. Effect of provisions. Nothing in this Chapter does any of the following: (1) Validates, invalidates, or otherwise affects the enforcement of a choice of law provision or a choice of forum provision in a contract that is not a business contract. (2) Confers subject matter jurisdiction upon a court that would otherwise lack subject […]