N.Y. General Obligations Law § 5-1401: Choice of law

§ 5-1401. Choice of law. 1. The parties to any contract, agreement or

undertaking, contingent or otherwise, in consideration of, or relating

to any obligation arising out of a transaction covering in the aggregate

not less than two hundred fifty thousand dollars, including a

transaction otherwise covered by subsection (a) of section 1--301 of the

uniform commercial code, may agree that the law of this state shall

govern their rights and duties in whole or in part, whether or not such

contract, agreement or undertaking bears a reasonable relation to this

state. This section shall not apply to any contract, agreement or

undertaking (a) for labor or personal services, (b) relating to any

transaction for personal, family or household services, or (c) to the

extent provided to the contrary in subsection (c) of section 1--301 of

the uniform commercial code.

2. Nothing contained in this section shall be construed to limit or

deny the enforcement of any provision respecting choice of law in any

other contract, agreement or undertaking.