(1) This part 9 applies to a trust created before, on, or after August 10, 2016, which:
(a) Has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state; or
(b) Provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of:
(I) Administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state;
(II) Construction of terms of the trust; or
(III) Determining the meaning or effect of terms of the trust.
Source: L. 2016: Entire part added, (SB 16-085), ch. 228, p. 874, � 1, effective August 10.