§ 1405. Application; governing law
This chapter applies to a trust created before, on, or after the effective date of this act that:
(1) has its principal place of administration in this State, including a trust whose principal place of administration has been changed to this State; or
(2) 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:
(A) administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this State;
(B) construction of terms of the trust; or
(C) determining the meaning or effect of terms of the trust. (Added 2023, No. 177 (Adj. Sess.), § 1, eff. July 1, 2024.)