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2016 Kentucky Revised Statutes
CHAPTER 386B - UNIFORM TRUST CODE
Subchapter 1 - General Provisions and Definitions
386B.1-050 Governing law.

KY Rev Stat § 386B.1-050 (2016) What's This?

Download as PDF 386B.1-050 Governing law. The meaning and effect of the terms of a trust governed by this chapter are determined by: (1) The law of the jurisdiction designated in the terms unless the designation of that jurisdiction's law is contrary to a strong public policy of the jurisdiction having the most significant relationship to the matter at issue; or (2) In the absence of a controlling designation in the terms of the trust, the law of the jurisdiction having the most significant relationship to the matter at issue. Effective: July 15, 2014 History: Created 2014 Ky. Acts ch. 25, sec. 5, effective July 15, 2014.

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