3B:31-7 Governing law.
3B:31-7. Governing Law.
The meaning and effect of the terms of a trust are determined by:
a.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
b.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.
L.2015, c.276, s.1.
Section: Previous 3b-30-12 3b-31-1 3b-31-2 3b-31-3 3b-31-4 3b-31-5 3b-31-6 3b-31-7 3b-31-8 3b-31-9 3b-31-10 3b-31-11 3b-31-12 3b-31-13 3b-31-14 Next
Last modified: October 11, 2016