§403. Trusts created in other jurisdictions
A trust not created by will is validly created if its creation complies with the law of the jurisdiction in which the trust instrument was executed or the law of the jurisdiction in which at the time of creation: [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]
1. Settlor. The settlor was domiciled, had a place of abode or was a national;
[PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]
2. Trustee. A trustee was domiciled or had a place of business; or
[PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]
3. Trust property. Any trust property was located.
[PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]
SECTION HISTORY
PL 2003, c. 618, §A1 (NEW). PL 2003, c. 618, §A2 (AFF).
Structure Maine Revised Statutes
Part 1: MAINE UNIFORM TRUST CODE
Chapter 4: CREATION, VALIDITY, MODIFICATION AND TERMINATION OF TRUST
18-B §401. Methods of creating trust
18-B §402. Requirements for creation
18-B §403. Trusts created in other jurisdictions
18-B §405. Charitable purposes; enforcement
18-B §406. Creation of trust induced by fraud, duress or undue influence
18-B §407. Evidence of oral trust
18-B §408. Trust for care of animal
18-B §409. Noncharitable trust without ascertainable beneficiary
18-B §410. Modification or termination of trust; proceedings for approval or disapproval
18-B §411. Modification or termination of noncharitable irrevocable trust by consent
18-B §414. Modification or termination of uneconomic trust
18-B §415. Reformation to correct mistakes