General Assembly Proposed Bill No. 232
January Session, 2017 LCO No. 1523
*01523*
Referred to Committee on JUDICIARY
Introduced by:
SEN. WITKOS, 8th Dist. (By Request)
General Assembly
Proposed Bill No. 232
January Session, 2017
LCO No. 1523
*01523*
Referred to Committee on JUDICIARY
Introduced by:
SEN. WITKOS, 8th Dist.
(By Request)
AN ACT CONCERNING CONFLICT OF LAW PROVISIONS THAT ARE APPLICABLE TO COMMERCIAL TRANSACTIONS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to modify the state's conflict of law provisions that are applicable to commercial transactions by shifting from the substantial contacts model to a more permissive model based on New York General Obligations Law Section 5-1401.
Statement of Purpose:
To permit out-of-state corporations to choose Connecticut law to govern their commercial transactions.