55-544.03 - Trusts created in other jurisdictions.

§ 55-544.03. Trusts created in other jurisdictions.

A trust not created by will is validly created if its creation complies withthe law of the jurisdiction in which the trust instrument was executed, orthe law of the jurisdiction in which, at the 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.

(2005, c. 935.)