Pennsylvania § 7707 Governing law - UTC 107

Pennsylvania Statutes

§ 7707 — Governing law - UTC 107

Pennsylvania·Title 20 DECEDENTS, ESTATES AND FIDUCIARIES·Ch. 77 TRUSTS·Subch. GENERAL PROVISIONS

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

(1)the law of the jurisdiction designated in the terms of the trust, but the mandatory rules of section 7705(b) (relating to trust controls; mandatory rules - UTC 105) shall govern if different from the law of the designated jurisdiction; or

(2)in the absence of an effective designation in the terms of the trust, the law of the jurisdiction in which the settlor is domiciled when the trust becomes irrevocable.

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

(1) the law of the jurisdiction designated in the terms of the trust, but the mandatory rules of section 7705(b) (relating to trust controls; mandatory rules - UTC 105) shall govern if different from the law of the designated jurisdiction; or

(2) in the absence of an effective designation in the terms of the trust, the law of the jurisdiction in which the settlor is domiciled when the trust becomes irrevocable.

Pennsylvania § 7707 (Governing law - UTC 107) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(July 15, 2024, P.L.786, No.64, eff. 90 days) 2024 Amendment.See section 11 of Act 64 in the appendix to this title for special provisions relating to Uniform Trust Code.