CODE OF VIRGINIA

GOVERNING LAW (§ 64.2-705)

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.

HISTORY: 2005, c. 935, § 55-541.07; 2012, c. 614.