For purposes of this title, and without limiting other ways in which a trust may be considered to be administered in this State, a trust is administered in this State if:

1. (1) The sole trustee is an individual residing in this State or a corporation or other entity having an office for the conduct of trust business in this State;
2. (2) The trust has more than 1 trustee only 1 of which is a corporation or other entity and that corporation or other entity has an office for the conduct of trust business in this State; or
3. (3) The trust has more than 1 trustee all of whom are individuals and 1/2 or more of whom reside in this State.

80 Del. Laws, c. 153, § 3; 84 Del. Laws, c. 182, § 6