Current through 2024 Second Special Session
Section 44D-8B-5 - Application; governing lawThis article applies to a trust created before, on, or after the effective date of this article which:
(1) Has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state; or(2) Provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of: (A) Administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state;(B) Construction of terms of the trust; or(C) Determining the meaning or effect of terms of the trust.Added by 2020 Acts, ch. 200 (SB 668), eff. 7/1/2020.