700.7107 Governing law.
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/mi/chapter-700/700-7107A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
700.7107 Governing law.
Sec. 7107.
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.
History: Add. 2009, Act 46 , Eff. Apr. 1, 2010
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