3B:31-7 Governing law.
85 words·~1 min read·
/nj/title-3b/chapter-31/3b-31-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.