75-7-403 - Trusts created in other jurisdictions.
75-7-403. Trusts created in other jurisdictions.
A trust not created by will is validly created if its creation complies with the law of thejurisdiction in which the trust instrument was executed, or the law of the jurisdiction in which, atthe time of creation:
(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; or
(3) any trust property was located.
Repealed and Re-enacted by Chapter 89, 2004 General Session