§ 386b-1-050

386B.1 -050 Governing law. The meaning and effect of the terms of a trust governed by this chapter are determined by: (1) The law of the jurisdiction designated in the terms unless the designation of that jurisdiction's law is contrary to a strong public policy of the jurisdiction h aving the most significant relationship to the matter at issue; or (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. Effective: July 15, 2 014 History: Created 2014 Ky. Acts ch. 25, sec. 5, effective July 15, 2014.