Whenever a person, whether or not a resident of this state and whether or not a citizen
of the United States, subsequently creates a trust of personal property by deed, agreement,
will, or otherwise, and: (1) the instrument creating the trust provides in substance
that it shall be construed and regulated by the law of this state, (2) the trust is
to be or is in fact administered in this state, and (3) the property, or the instruments
or securities representing or evidencing the property, or the major part in value
of the property, is or are situated within this state at the time of the creation
of the trust, the validity, construction, effect, and administration of the trust
shall be determined and governed by the law of this state without reference to the
law of any other state.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.