Vermont § 301 - § 1—301.
Full text of Vermont Vermont Statutes Online § 301 — § 1—301., with citation guidance and answers to common questions.
§ 301. § 1—301.
- Territorial applicability; parties’ power to choose applicable law (a) Except as provided hereafter in this section, when a transaction bears a reasonable
relation to this state and also to another state or nation the parties may agree that
the law either of this state or of such other state or nation shall govern their rights
and duties. (b) In the absence of an agreement effective under subsection (a) of this section, and
except as provided in subsection (c), this title applies to transactions bearing an
appropriate relation to this state. (c) If one of the following provisions of this title specifies the applicable law, that
provision governs and a contrary agreement is effective only to the extent permitted
by the law so specified: (1) Section 2—402. Rights of Creditors Against Sold Goods; (2) Sections 2A—105 and 2A—106. Applicability of this Article on Leases; (3) Section 4—102. Applicability of the Article on Bank Deposits; (4) Section 4A—507. Governing Law in the Article on Funds Transfers; (5) Section 5—116. Letters of Credit; (6) Section 8—110. Applicability of the Article on Investment Securities; (7) Sections 9—301 through 9—307. Law Governing Perfection, the Effect of Perfection or
Nonperfection, and the Priority of Security Interests; (8) Section 12—107. Governing Law. (Amended 1993, No. 158 (Adj. Sess.), § 2, eff. Jan. 1, 1995; 1995, No. 92 (Adj. Sess.), § 18, eff. Jan. 1, 1997; 1997, No. 65 (Adj. Sess.), § 2, eff. Jan. 1, 1999; 1999, No. 106 (Adj. Sess.), § 3, eff. July 1, 2001; 2007, No. 99 (Adj. Sess.), § 2; 2025, No. 17, § 1, eff. July 1, 2025.)
Frequently Asked Questions About Vermont § 301
What does Vermont Statutes Online § 301 cover?
Section 301 ("§ 1—301.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 301?
A common citation format is "Vermont Statutes Online § 301" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 301 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.