West Virginia Code 44D-8A-803 – Application; principal place of administration
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The provisions of the West Virginia Uniform Directed Trust Act apply to a trust, whenever created, that has its principal place of administration in this state, subject to the following rules:
Terms Used In West Virginia Code 44D-8A-803
- Directed trust: means a trust for which the terms of the trust grant a power of direction. See West Virginia Code 44D-8A-802
- State: when applied to a part of the United States and not restricted by the context, includes the District of Columbia and the several territories, and the words "United States" also include the said district and territories. See West Virginia Code 2-2-10
(a) If the trust was created before the effective date of this article, this article applies only to a decision or action occurring on or after the effective date of this article.
(b) If the principal place of administration of the trust is changed to this state on or after the effective date of this article, this article applies only to a decision or action occurring on or after the date of the change.