governing law
A contract provision (also known as a choice of law) that determines which states laws should be followed in the event of a dispute.
Category: Business, LLCs & Corporations → Self-Employed Consultants & Contractors

Nolo’s Plain-English Law Dictionary. . 2009.

governing law
Governing law sets the system of law that will apply to the interpretation of a contract if things go wrong. It is important to consider the governing law for any contract with a foreign party or that is to be performed or relates to assets in a foreign country.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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