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§ 7707. Governing law - UTC 107

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and FiduciariesEffective: November 6, 2006

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 20 Pa.C.S.A. Decedents, Estates and Fiduciaries (Refs & Annos)
Chapter 77. Trusts (Refs & Annos)
Subchapter A. General Provisions
Effective: November 6, 2006
20 Pa.C.S.A. § 7707
§ 7707. Governing law - UTC 107
Currentness
The meaning and effect of the provisions of a trust instrument shall be determined by:
(1) the law of the jurisdiction designated in the trust instrument, but the mandatory rules of section 7705(b) (relating to trust instrument controls; mandatory rules - UTC 105) shall govern if different from the law of the jurisdiction designated in the trust instrument; or
(2) in the absence of an effective designation in the trust instrument, the law of the jurisdiction in which the settlor is domiciled when the trust becomes irrevocable.

Credits

2006, July 7, P.L. 625, No. 98, § 9, effective in 120 days [Nov. 6, 2006].
20 Pa.C.S.A. § 7707, PA ST 20 Pa.C.S.A. § 7707
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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