N.J. Stat. § 3B:31-7

Current through L. 2023, c. 200.

Section 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.

N.J.S. § 3B:31-7

Added by L. 2015, c. 276,s. 1, eff. 7/17/2016.