55-3-42. State jurisdiction provision defined.
48 words·~1 min read·
/sd/title-55/chapter-55-3/55-3-42A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For the purposes of §§ 55-3-39 and 55-3-40 , the term, state jurisdiction provision, means a provision within the trust instrument that the laws of this state govern the validity, construction, or administration of a trust or that the trust is subject to the jurisdiction of this state.