Section 701.1305 - Application; governing lawThis subchapter applies to a trust created before, on, or after March 23, 2024, if any of the following applies:
(1) The trust has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state.(2) The trust provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of any of the following: (a) Administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state.(b) Construction of terms of the trust.(c) Determining the meaning or effect of terms of the trust.Added by Acts 2023 ch, 127,s 117, eff. 3/23/2024.