§560:7-203 - Trust proceedings; dismissal of matters relating to foreign trusts.
§560:7-203 Trust proceedings; dismissal of
matters relating to foreign trusts. The court will not, over the objection
of a party, entertain proceedings concerning the internal affairs of a trust
registered or having its principal place of administration in another state,
unless (1) all appropriate parties could not be bound by litigation in the
courts of the state where the trust is registered or has its principal place of
administration or (2) the interests of justice otherwise would seriously be
impaired. The court may condition a stay or dismissal of a proceeding under
this section on the consent of any party to jurisdiction of the state in which
the trust is registered or has its principal place of business, or the court
may grant a continuance or enter any other appropriate order. [L 1976, c 200,
pt of §1]