- Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party
- Sponsored by
- Delegate Cardin
- In the House - Hearing 2/26 at 1:00 p.m.
Authorizing a trustee to send certain interested parties in a certain manner a certain report when the trust terminates or on the resignation or removal of the trustee; and providing that, if an interested party does not submit an objection to the report within 90 days after the trustee mailed the report, the interested party shall be deemed to have released the trustee and to have consented to and ratified the actions of the trustee; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2020
Last Updated: 2/7/2020 10:52 AM