State Codes and Statutes

Statutes > Pennsylvania > Title-20 > Chapter-77 > 7707

§ 7707. Governing law - UTC 107. 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.

State Codes and Statutes

Statutes > Pennsylvania > Title-20 > Chapter-77 > 7707

§ 7707. Governing law - UTC 107. 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.

State Codes and Statutes

State Codes and Statutes

Statutes > Pennsylvania > Title-20 > Chapter-77 > 7707

§ 7707. Governing law - UTC 107. 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.