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 is the verbatim text of N.J.S.A. 3B:31-7, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. KyzerLex is not a law firm and this page is not legal advice.