Section 55-3-42 - "State jurisdiction provision" defined.
55-3-42. "State jurisdiction provision" defined. For the purposes of §§ 55-3-39 and 55-3-40, the term, state jurisdiction provision, means a provision within the trust instrument that the laws of this state govern the validity, construction, and administration of a trust or that the trust is subject to the jurisdiction of this state.
Source: SL 1998, ch 282, § 23.