11 M.R.S. § 1-1301
This is the official text of 11 M.R.S. § 1-1301, part of Maine’s M.R.S — part of the compiled statutory law of Maine, published by the state as "M.R.S." Browse the sections below, each linked to its official government source.
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11 §1-1301. Territorial applicability; parties' power to choose applicable law
Official statutory text
(1). Except as otherwise provided in this section, when a transaction bears a reasonable relation to this State and also to another state or nation the parties may agree that the law either of this State or of such other state or nation shall govern their rights and duties. [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).]
(2). In the absence of an agreement effective under subsection (1) and except as provided in subsection (3) the Uniform Commercial Code applies to transactions bearing an appropriate relation to this State. [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).]
(3). If one of the following provisions of the Uniform Commercial Code specifies the applicable law that provision governs and a contrary agreement is effective only to the extent permitted by the law so specified: (a). Section 2‑402 ; [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).] (b). Sections 2‑1105 and 2‑1106 ; [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).] (c). Section 4‑102 ; [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).] (d). Section 4‑1507 ; [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).] (e). Section 5‑1116 ; [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).] (f). Section 8‑1110 ; [PL 2023, c. 669, Pt. A, §11 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).] (g). Sections 9‑1301 to 9‑1307 ; and [PL 2023, c. 669, Pt. A, §11 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).] (h). Section 12‑107 . [PL 2023, c. 669, Pt. A, §11 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).] [PL 2023, c. 669, Pt. A, §11 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).]
(2). In the absence of an agreement effective under subsection (1) and except as provided in subsection (3) the Uniform Commercial Code applies to transactions bearing an appropriate relation to this State. [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).]
(3). If one of the following provisions of the Uniform Commercial Code specifies the applicable law that provision governs and a contrary agreement is effective only to the extent permitted by the law so specified: (a). Section 2‑402 ; [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).] (b). Sections 2‑1105 and 2‑1106 ; [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).] (c). Section 4‑102 ; [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).] (d). Section 4‑1507 ; [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).] (e). Section 5‑1116 ; [PL 2009, c. 325, Pt. A, §2 (NEW); PL 2009, c. 325, Pt. A, §4 (AFF).] (f). Section 8‑1110 ; [PL 2023, c. 669, Pt. A, §11 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).] (g). Sections 9‑1301 to 9‑1307 ; and [PL 2023, c. 669, Pt. A, §11 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).] (h). Section 12‑107 . [PL 2023, c. 669, Pt. A, §11 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).] [PL 2023, c. 669, Pt. A, §11 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).]
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