There Is a Newer Version
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the Vermont Statutes
2011 Vermont Code
Title 09 Commerce and Trade
Chapter 65 AGRICULTURAL FINANCE LEASES
§ 2489 Limitation on power to choose applicable law and judicial forum
Universal Citation:
9 VT Stats § 2489. (2011 through Adj Sess)
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§ 2489. Limitation on power to choose applicable law and judicial forum
(a) If the parties to an agricultural finance lease choose the law of a jurisdiction other than that in which the goods are to be used, or that in which the lessee resides or has his or her principal place of business, when the lease agreement becomes enforceable or within 30 days thereafter, the choice is not enforceable.
(b) If the parties to an agricultural finance lease choose a judicial forum that would not otherwise have jurisdiction over the lessee, the choice is not enforceable. (Added 1989, No. 284 (Adj. Sess.), { 1.)
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