1. (a) The parties in their agreement may choose the applicable law. However, the choice is not enforceable in a consumer contract to the extent it would vary a statute, administrative rule, or regulation that may not be varied by agreement under the law of Virginia.
2. (b) In the absence of an enforceable agreement on choice of law, the contract is governed by the law of Virginia.

2000, cc. 101, 996; 2001, cc. 762, 763.