(a) Except as 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. Failing such agreement, this title applies to transactions bearing an appropriate relation to this state.
(b) Where one of the following provisions of this title specifies the applicable law, that provision governs and a contrary agreement is effective only to the extent permitted by the law, including the conflict of laws rules, so specified:
Rights of creditors sold goods. Section 42a-2-402.
Applicability of the article on leases. Sections 42a-2A-105 and 42a-2A-106.
Applicability of the article on bank deposits and collections. Section 42a-4-102.
Governing law in the article on funds transfers. Section 42a-4A-507.
Letters of credit. Section 42a-5-116.
Applicability of the article on investment securities. Section 42a-8-110.
Law governing perfection, the effect of perfection or nonperfection and the priority of security interests and agricultural liens. Sections 42a-9-301 to 42a-9-307, inclusive.
(P.A. 05-109, S. 13.)
Annotations to former section 42a-1-105:
Cited. 189 C. 591.
Cited. 14 CA 481.
Cited. 37 CS 7.
Cited. 6 Conn. Cir. Ct. 539.
Structure Connecticut General Statutes
Title 42a - Uniform Commercial Code
Article 1 - General Provisions
Section 42a-1-101. - Short titles.
Section 42a-1-102. - Scope of article.
Section 42a-1-104. - Construction against implied repeal.
Section 42a-1-105. - Severability.
Section 42a-1-106. - Use of singular and plural; gender.
Section 42a-1-107. - Waiver or renunciation of claim or right after breach.
Section 42a-1-108. - Relation to Electronic Signatures in Global and National Commerce Act.
Section 42a-1-201. - General definitions.
Section 42a-1-202. - Notice; knowledge.
Section 42a-1-203. - Lease distinguished from security interest.
Section 42a-1-205. - Reasonable time; seasonableness.
Section 42a-1-206. - Presumptions.
Section 42a-1-301. - Territorial applicability; parties' power to choose applicable law.
Section 42a-1-302. - Variation by agreement.
Section 42a-1-303. - Course of performance, course of dealing and usage of trade.
Section 42a-1-304. - Obligation of good faith.
Section 42a-1-305. - Remedies to be liberally administered.
Section 42a-1-306. - Waiver or renunciation of claim or right after breach.
Section 42a-1-307. - Prima facie evidence by third-party documents.
Section 42a-1-308. - Performance or acceptance under reservation of rights.