Section 386B.1-050 - Governing lawThe meaning and effect of the terms of a trust governed by this chapter 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.Added by 2014 Ky. Acts ch. 25,§ 5, eff. 7/15/2014.