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New Jersey Statutes, Title: 25, FRAUDS AND FRAUDULENT CONVEYANCES
Chapter 2:
Section: 25:2-35: Governing law.
13. 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 shall be deemed to be located at its chief executive office.
b. A claim in the nature of a claim under the "Uniform Voidable Transactions Act," R.S.25:2-20 et seq., shall be governed by the local law of the jurisdiction in which the debtor is located when the transfer is made or the obligation is incurred.
L.2021, c.92, s.13.
This section added to the Rutgers Database: 2021-07-06 15:54:57.
Older versions of 25:2-35 (if available):
Court decisions that cite this statute:
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