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Monday, May 14, 2007

Iowa, Kansas, and (Almost) Florida ... Oh, My!

Iowa Governor Chet Culver signed SF 535 on April 4 and Kansas Governor Kathleen Sebelius signed SB 183 on April 9, bringing to 27 the number of states that have enacted Revised Article 1.  Additionally, both chambers of the Florida legislature have passed SB 252.  However, due to a flurry of end-of-session activity, SB 252 hasn't yet made it to Governor Charlie Crist's desk.

Iowa SF 535, Kansas SB 183, and Florida SB 252 each reject uniform R1-301 in favor of a choice-of-law provision that tracks pre-revised 1-105 and adopt uniform R1-201(b)(20)'s unitary good faith standard.

[Keith A. Rowley]

http://lawprofessors.typepad.com/contractsprof_blog/2007/05/iowa_kansas_and.html

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