Legislation
- Title
- Maryland Trust Act - Division or Consolidation of Trust
- Sponsored by
- Delegates Johnson, Arikan, Cassilly, Chisholm, Crosby, Kerr, Krebs, Lisanti, Reilly, Turner, Bagnall, Barron, Carr, Charles, Kelly, Kipke, R. Lewis, Metzgar, Morgan, Pena-Melnyk, Rosenberg, and Saab
- Status
- Approved by the Governor - Chapter 498
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Authorizing a trustee to divide a trust into two or more separate trusts or consolidate two or more trusts into a single trust if a beneficiary does not object in writing within 30 days after the trustee provided notice; and requiring a trustee to divide a trust into two or more separate trusts or consolidate two or more trusts into a single trust in a certain manner.
Committees
- Opposite:
- Judicial Proceedings
Details
History
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Statutes
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(
14.5-415 )
Last Updated: 2/3/2020 2:31 PM