US Laws, Codes, Statutes & Cases

§ 36C‑1‑107.  Governing law.

The meaning and effect of the terms of a trust 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. (2005‑192, s. 2.)