Delaware § 3340 Place of administration [For application of this section, see 80 Del. Laws, c. 153, § 5]

Delaware Statutes

§ 3340 — Place of administration [For application of this section, see 80 Del. Laws, c. 153, § 5]

Delaware § 3340

Title12

PartFiduciary Relations

Ch. 33ADMINISTRATIVE PROVISIONS

This text of Delaware § 3340 (Place of administration [For application of this section, see 80 Del. Laws, c. 153, § 5]) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 12, § 3340 (2026).

Text

For purposes of this title, and without limiting other ways in which a trust may be considered to be administered in this State, a trust is administered in this State if:

(1)The sole trustee is an individual residing in this State or a corporation or other entity having an office for the conduct of trust business in this State;

(2)The trust has more than 1 trustee only 1 of which is a corporation or other entity and that corporation or other entity has an office for the conduct of trust business in this State; or

(3)The trust has more than 1 trustee all of whom are individuals and1/2or more of whom reside in this State.

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For purposes of this title, and without limiting other ways in which a trust may be considered to be administered in this State, a trust is administered in this State if:

(1) The sole trustee is an individual residing in this State or a corporation or other entity having an office for the conduct of trust business in this State;

(2) The trust has more than 1 trustee only 1 of which is a corporation or other entity and that corporation or other entity has an office for the conduct of trust business in this State; or

(3) The trust has more than 1 trustee all of whom are individuals and1/2or more of whom reside in this State.