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Searching 2019-2020 Session

The Vermont Statutes Online

 

Title 9 : Commerce and Trade

Chapter 057 : VOIDABLE TRANSACTIONS AND FALSE CHECKS

Subchapter 001 : VOIDABLE TRANSACTIONS

(Cite as: 9 V.S.A. § 2294)
  • § 2294. Governing law

    (a) In this section, the following rules determine a debtor's location:

    (1) A debtor who is an individual is located at the individual's principal residence.

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

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

    (b) 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. (Added 2017, No. 20, § 1.)