(a) Location of debtor.--In this section, the following rules determine a debtor's location:
(1) A debtor who is an individual is located at the individual's principal residence.
(2) A debtor that is an organization and has only one place of business is located at the organization's place of business.
(3) A debtor that is an organization and has more than one place of business is located at the organization's chief executive office.
(b) Governing law.--A claim for relief in the nature of a claim for relief under this chapter is governed by the local law of the jurisdiction in which the debtor is located when the transfer is made or the obligation is incurred.
(Dec. 22, 2017, P.L.1249, No.78, eff. 60 days)
2017 Amendment. Act 78 renumbered former section 5110 to section 5112 and added present section 5110. See section 7 of Act 78 in the appendix to this title for special provisions relating to applicability.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 51 - Voidable Transactions
Section 5101 - Short title of chapter and definitions
Section 5104 - Transfer or obligation voidable as to present or future creditor
Section 5105 - Transfer or obligation voidable as to present creditor
Section 5106 - When transfer is made or obligation is incurred
Section 5107 - Remedies of creditor
Section 5108 - Defenses, liability and protection of transferee or obligee
Section 5109 - Extinguishment of claim for relief
Section 5111 - Application to series organization
Section 5112 - Supplementary provisions
Section 5113 - Uniformity of application and construction
Section 5114 - Relation to Electronic Signatures in Global and National Commerce Act