633A.1108 Governing law. 1. A trust not created by will is validly created if its creation complies with the law of the jurisdiction in which the trust instrument was executed, or the law of the jurisdiction inwhich at the time the trust was created the settlor was domiciled, had a place of abode, orwas a national. 2. The meaning and effect of the terms of the trust not created by will shall be determined by any of the following: a. Except as provided in paragraph 'c', the law of the jurisdiction designated in the terms of the trust, on the condition that at the time the trust was created the designated jurisdictionhad a substantial relationship to the trust. A jurisdiction has a substantial relationship to thetrust if it is the residence or domicile of the settlor or of any qualified beneficiary, the locationof a substantial portion of the assets of the trust, or a place where the trustee was domiciledor had a place of business. b. Except as provided in paragraph 'c', in the absence of a controlling designation in the terms of the trust, the law of the jurisdiction that has the most significant relationship to thematter at issue. c. t as provided in paragraph 'c', in the absence of a controlling designation in the terms of the trust, the law of the jurisdiction that has the most significant relationship to thematter at issue. c. As to real property, the law of the jurisdiction where the real property is located.2003 Acts, ch 95, §8CS2003, §633.11082005 Acts, ch 38, §54CS2005, §633A.1108 Sat Dec 23 12:13:05 2023 Iowa Code 2024, Section 633A.1108 (18, 0)
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