 |
Code of Virginia (Last Updated:July 28, 2020) |
 |
TITLE 64.2. Wills, Trusts, and Fiduciaries |
|
|
SUBTITLE III. Trusts |
|
|
CHAPTER 7. Uniform Trust Code |
|
|
ARTICLE 1. General Provisions and Definitions |
|
|
SECTION 64.2-705. Governing law |
|
The meaning and effect of the terms of a trust 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 having 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. |