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RSA 564-B:1-107 · Governing Law

564-B:1-107 Governing Law. –

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(a)

The meaning and effect of the terms of a trust are determined by:

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(1)

the law of the jurisdiction designated in the terms of the trust unless the designation of that jurisdiction's law is contrary to a strong public policy of the jurisdiction having the most significant relationship to the matter at issue; or

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(2)

in the absence of a controlling designation in the terms of the trust, the law of the jurisdiction having the most significant relationship to the matter at issue.

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(b)

Without precluding other circumstances under which this state has the most significant relationship to a matter affecting a trust, this state has the most significant relationship to a matter involving a trust's validity, construction, or administration if:

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(1)

under the terms of the trust, this state's laws govern that matter; and

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(2)

the trust has its principal place of administration in this state. Source. 2004, 130:1, eff. Oct. 1, 2004. 2015, 272:65, eff. Oct. 1, 2015.

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Source note

Source. 2004, 130:1, eff. Oct. 1, 2004. 2015, 272:65, eff. Oct. 1, 2015.

Source history

  • 2004, 130:1, eff. Oct. 1, 2004
  • 2015, 272:65, eff. Oct. 1, 2015

Related materials

Bill relationships

  • 2025 HB88 amend

    housand Twenty Five AN ACT establishing community property trusts. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Article; Article 13 Community Property Trusts. Amend RSA 564-B by inserting after article 12 the following new article: Article 13 Community Property Trusts 564-B:13-1301 Short Title. This article shall be known as the "New Hampshire Community Property Trust Act of 2026."