The meaning and effect of the terms of a trust are determined by:
- 1. 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
- 2. 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.
Laws 2025, HB 1850, c. 254, § 7, eff. November 1, 2025.