Md. Code, Est. & Trusts § 14.5-107

Current with changes from the 2024 Legislative Session
Section 14.5-107 - Governing law of trust provisions

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.

Md. Code, ET § 14.5-107

Added by 2018 Md. Laws, Ch. 259,Sec. 1, eff. 10/1/2018.
Added by 2018 Md. Laws, Ch. 258,Sec. 1, eff. 10/1/2018.