20 Pennsylvania Consolidated Statutes § 7707 - Governing Law - Utc 107

§ 7707. Governing law - UTC 107.

The meaning and effect of the provisions of a trust instrument shall be determined by:

(1) the law of the jurisdiction designated in the trust instrument, but the mandatory rules of section 7705(b) (relating to trust instrument controls; mandatory rules - UTC 105) shall govern if different from the law of the jurisdiction designated in the trust instrument; or

(2) in the absence of an effective designation in the trust instrument, the law of the jurisdiction in which the settlor is domiciled when the trust becomes irrevocable.

Section: Previous  7701  7702  7703  7704  7705  7706  7707  7708  7709  7710  7710.1  7710.2  7711  7712  Next

Last modified: October 8, 2016