§ 18-1-3 - Law expressly applicable to trusts created by residents. - Rhode-island Statutes

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Statutes > Rhode-island > Title-18 > Chapter-18-1 > 18-1-3

SECTION 18-1-3

§ 18-1-3 Law expressly applicable totrusts created by residents. – Whenever a person, who is at the time a resident of this state, subsequentlycreates a trust of personal property by deed, agreement, will, or otherwise,and the instrument creating the trust provides in substance that it shall bewholly or partially construed and regulated by the law of this state, thevalidity, construction, effect, and administration of the trust shall in whole,or to the extent provided in the instrument, be determined and governed by thelaw of this state without reference to the law of any other state.

State Codes and Statutes

Statutes > Rhode-island > Title-18 > Chapter-18-1 > 18-1-3

SECTION 18-1-3

§ 18-1-3 Law expressly applicable totrusts created by residents. – Whenever a person, who is at the time a resident of this state, subsequentlycreates a trust of personal property by deed, agreement, will, or otherwise,and the instrument creating the trust provides in substance that it shall bewholly or partially construed and regulated by the law of this state, thevalidity, construction, effect, and administration of the trust shall in whole,or to the extent provided in the instrument, be determined and governed by thelaw of this state without reference to the law of any other state.

State Codes and Statutes

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State Codes and Statutes

Statutes > Rhode-island > Title-18 > Chapter-18-1 > 18-1-3

SECTION 18-1-3

§ 18-1-3 Law expressly applicable totrusts created by residents. – Whenever a person, who is at the time a resident of this state, subsequentlycreates a trust of personal property by deed, agreement, will, or otherwise,and the instrument creating the trust provides in substance that it shall bewholly or partially construed and regulated by the law of this state, thevalidity, construction, effect, and administration of the trust shall in whole,or to the extent provided in the instrument, be determined and governed by thelaw of this state without reference to the law of any other state.