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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 31: Uniform Trust Code
Section: 3B:31-7: Governing law.
3B:31-7. Governing Law.
The meaning and effect of the terms of a trust are determined by:
a. 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
b. 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.
L.2015, c.276, s.1.
This section added to the Rutgers Database: 2016-02-15 11:37:50.
Older versions of 3b:31-7 (if available):
Court decisions that cite this statute: