Governing law.

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684.10 Governing law.

1. In this section, a debtor’s location is determined as follows:

a. A debtor who is an individual is located at the individual’s principal residence.

b. A debtor that is an organization and has only one place of business is located at its place of business.

c. A debtor that is an organization and has more than one place of business is located at its chief executive office.

2. 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.

2016 Acts, ch 1040, §10, 14, 15

Former §684.10 transferred to §684.12;

2016 Acts, ch 1040, §14

Section applies to a transfer made or an obligation incurred, as provided in §684.6, on or after July 1, 2016;

2016 Acts, ch 1040, §15


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