§ 6A-1-301. Territorial applicability — Parties’ power to choose applicable law.
(a) 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.
(b) In the absence of an agreement effective under subsection (a), and except as provided in subsection (c), the Uniform Commercial Code applies to transactions bearing an appropriate relation to this state.
(c) If one of the following provisions of title 6A specifies the applicable law, that provision governs and a contrary agreement is effective only to the extent permitted by the law so specified:
(1) Section 6A-2-402;
(2) Sections 6A-2.1-105 and 6A-2.1-106;
(3) Section 6A-4-102;
(4) Section 6A-4.1-507;
(5) Section 6A-5-116;
(6) [RESERVED]
(7) Section 6A-8-110;
(8) Sections 6A-9-301 through 6A-9-307.
History of Section.P.L. 2007, ch. 19, § 4; P.L. 2007, ch. 34, § 4; P.L. 2014, ch. 528, § 42.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Chapter 6A-1 - General Provisions
Part 3 - Territorial Applicability and General Rules
Section 6A-1-301. - Territorial applicability — Parties’ power to choose applicable law.
Section 6A-1-302. - Variation by agreement.
Section 6A-1-303. - Course of performance, course of dealing and usage of trade.
Section 6A-1-304. - Obligation of good faith.
Section 6A-1-305. - Remedies to be liberally administered.
Section 6A-1-306. - Waiver or renunciation of claim or right after breach.
Section 6A-1-307. - Prima facie evidence by third-party documents.
Section 6A-1-308. - Performance or acceptance under reservation of rights.