8-3203. Scope; choice of law; forum.
153 words·~1 min read·
/ne/chapter-8/8-3203A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The Uniform Special Deposits Act applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by the act, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this state.
(b)The parties to an account agreement may choose a forum in this state for settling a dispute arising out of the special deposit, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this state.
(c)The act does not affect:
(1)a right or obligation relating to a deposit other than a special deposit under the act; or
(2)the voidability of a deposit or transfer that is fraudulent or voidable under other law.