Bill Text: CT HB05513 | 2018 | General Assembly | Comm Sub

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Bill Title: An Act Concerning Choice Of Law.

Spectrum: Committee Bill

Status: (Engrossed - Dead) 2018-05-04 - Senate Calendar Number 509 [HB05513 Detail]

Download: Connecticut-2018-HB05513-Comm_Sub.html

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General Assembly		Raised Bill No. 5513
February Session, 2018		LCO No. 2394
		*_____HB05513JUD___040318____*
Referred to Committee on JUDICIARY
Introduced by:
(JUD)

AN ACT CONCERNING CHOICE OF LAW.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. (NEW) (Effective October 1, 2018) (a) Notwithstanding the provisions of section 42a-1-301 of the general statutes, the parties to any contract, agreement or undertaking, contingent or otherwise, in consideration of, or relating to any obligation arising out of a transaction with a value in the aggregate of not less than two hundred fifty thousand dollars, may agree that the law of this state shall govern their rights and duties in whole or in part, whether or not such contract, agreement or undertaking bears a reasonable relation to this state.

(b) Subsection (a) of this section shall not apply to any contract, agreement or undertaking (1) for labor or personal services; or (2) relating to any transaction for personal, family or household services.

(c) This section shall not be construed to limit or deny the enforcement of any provision respecting choice of law in any other contract, agreement or undertaking.

Sec. 2. (NEW) (Effective October 1, 2018) (a) Notwithstanding any provision of the general statutes that limits or affects the right of a person to maintain an action or proceeding, any person may maintain an action or proceeding against a foreign juridical entity, nonresident, or foreign state where the action or proceeding arises out of or relates to any contract, agreement or undertaking for which a choice of the law of this state has been made, in whole or in part, pursuant to the provisions of section 1 of this act and which (1) is a contract, agreement or undertaking, contingent or otherwise, in consideration of, or relating to any obligation arising out of a transaction with a value in the aggregate of not less than five hundred thousand dollars, and (2) contains a provision or provisions whereby such foreign juridical entity or nonresident agrees to submit to the jurisdiction of the courts of this state.

(b) This section shall be not be construed to affect the enforcement of any provision respecting choice of forum in any other contract, agreement or undertaking.

This act shall take effect as follows and shall amend the following sections:
Section 1	October 1, 2018	New section
Sec. 2	October 1, 2018	New section

JUD

Joint Favorable