Sec. 271.006. LAW GOVERNING INTERPRETATION OR CONSTRUCTION OF AGREEMENT RELATING TO QUALIFIED TRANSACTION. Except as provided by Section 271.008(b), 271.009, 271.010, or 271.011 and by Chapter 272, if the parties to a qualified transaction agree in writing that the law of a particular jurisdiction governs the interpretation or construction of an agreement relating to the transaction or a provision of the agreement, the law of that jurisdiction governs that issue regardless of whether the transaction bears a reasonable relation to that jurisdiction.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Structure Texas Statutes
Title 9 - Applicability of Law to Commercial Transactions
Chapter 271 - Rights of Parties to Choose Law Applicable to Certain Transactions
Section 271.002. Substantially Similar or Related Transactions
Section 271.003. Conflict-of-Laws Rules
Section 271.004. Determination of Reasonable Relation of Transaction to Particular Jurisdiction
Section 271.005. Law Governing Issue Relating to Qualified Transaction
Section 271.008. Applicability to Certain Real Property Transactions; Exceptions
Section 271.009. Exception: Marriage or Adoption
Section 271.010. Exception: Decedent's Estate
Section 271.011. Exception: Other Statute Specifying Governing Law