This excerpt taken from the WMT 8-K filed Jan 25, 2008.
GOVERNING LAW. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Arkansas.
This excerpt taken from the WMT 8-K filed Mar 7, 2006.
Governing Law. This Plan shall be governed by the laws of the State of Arkansas, except that any matters relating to the internal governance of Wal-Mart shall be governed by the General Corporation Law of Delaware. Wal-Mart has right to interpret this Plan, and any interpretation by Wal-Mart shall be conclusive as to the meaning of this Plan.