General Assembly Raised Bill No. 332
February Session, 2010 LCO No. 1623
*01623_______JUD*
Referred to Committee on Judiciary
Introduced by:
(JUD)
General Assembly
Raised Bill No. 332
February Session, 2010
LCO No. 1623
*01623_______JUD*
Referred to Committee on Judiciary
Introduced by:
(JUD)
AN ACT CONCERNING CHOICE OF LAW WITH RESPECT TO COMMERCIAL TRANSACTIONS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. (NEW) (Effective October 1, 2010) (a) The parties to any commercial transaction may agree that the law of this state shall govern their rights and duties with respect to such transaction, in whole or in part, whether or not such transaction bears a reasonable relation to this state.
(b) The provisions of subsection (a) of this section shall not apply to any agreement (1) for labor or personal services, or (2) relating to any transaction for personal, family or household services.
(c) Nothing in this section shall be construed to limit or prohibit the applicability or enforcement of any other conflict of laws rule of this state concerning the ability of parties to a commercial transaction to agree to the law that shall govern their rights and duties with respect to such transaction.
This act shall take effect as follows and shall amend the following sections:
Section 1 October 1, 2010 New section
This act shall take effect as follows and shall amend the following sections:
Section 1
October 1, 2010
New section
Statement of Purpose:
To permit the parties to any commercial transaction to agree that Connecticut law will govern their rights and duties, whether or not the transaction bears a reasonable relation to this state.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]