There Is a Newer Version of the New York Consolidated Laws
  1. 2024 N.Y. Laws
  2. 2023 N.Y. Laws
  3. 2022 N.Y. Laws
  4. 2012 N.Y. Laws (here)
  5. View All Versions
View Our Newest Version Here

2012 New York Consolidated Laws
GOB - General Obligations
Article 5 - CREATION, DEFINITION AND ENFORCEMENT OF CONTRACTUAL OBLIGATIONS
Title 16 - (5-1601 - 5-1604) CONTINUITY OF CONTRACT
5-1604 - Application.


NY Gen Oblig L § 5-1604 (2012) What's This?
 
    §  5-1604. Application. 1. Notwithstanding the uniform commercial code
  or any other law of this state, this title shall apply to all contracts,
  securities  and  instruments,  including  contracts  with   respect   to
  commercial  transactions, and shall not be deemed to be displaced by any
  other law of this state.
    2.  In  circumstances  of  currency   alteration,   other   than   the
  introduction  of  the  euro,  the  provisions of this title shall not be
  interpreted as creating any negative inference or  negative  presumption
  regarding  the  validity  or  enforceability of contracts, securities or
  instruments denominated in whole or in part in a  currency  affected  by
  such alteration.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.