Mich. Comp. Laws § 700.7107

Current through Public Act 166 of the 2024 Legislative Session
Section 700.7107 - Governing law

The meaning and effect of the terms of a trust are determined by the following:

(a) The law of the jurisdiction designated in the terms of the trust 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.
(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.

MCL 700.7107

Added by 2009, Act 46,s 42 , eff. 4/1/2010.