Section 701.0403. Trusts created in other jurisdictions.

Latest version.

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 in which, at the time of creation, any of the following was satisfied:

(1) The settlor was domiciled, had a place of abode, or was a national.

(2) A trustee was domiciled or had a place of business.

(3) Any trust property was located.

2013 a. 92 .

                    
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