Legal Definitions - secundum legem domicilii, vel loci contractus

Definition: According to the law of the domicile or of the place where the contract was entered into. See LEX LOCI CONTRACTUS.

Lex loci contractus: The law of the place where a contract is executed or to be performed. Lex loci contractus is often the proper law by which to decide contractual disputes.

Example: If a person from New York enters into a contract with a person from California, the law that will govern the contract will be either the law of New York or California, depending on where the contract was entered into or where it is to be performed.

This means that if there is a dispute between the parties, the court will apply the law of the state that was chosen in the contract. This is important because different states may have different laws regarding contracts, and applying the wrong law could result in an unfair outcome.