§ 279. Governing law. (a) In this section, the following rules\ndetermine a debtor's location:\n (1) A debtor who is an individual is located at the individual's\nprincipal residence.\n (2) A debtor that is an organization and has only one place of\nbusiness is located at its place of business.\n (3) A debtor that is an organization and has more than one place of\nbusiness is located at its chief executive office.\n (b) A claim for relief in the nature of a claim for relief under this\narticle is governed by the local law of the jurisdiction in which the\ndebtor is located when the transfer is made or the obligation is\nincurred.\n
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.