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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 513.485: GOVERNING LAW.

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Where this section sits in the code
  1. PROPERTY AND PROPERTY INTERESTS
  2. CHAPTER 513. AGREEMENTS RELATING TO PROPERTY
  3. UNIFORM VOIDABLE TRANSACTIONS ACT

(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 is located at its chief executive office.

(b) A claim in the nature of a claim under sections 513.41 to 513.51 is governed by the local law of the jurisdiction in which the debtor is located when the transfer is made or the obligation is incurred.

Collected 2026-09-02T22:10:48Z. Source file · JSON

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