SB0571 (CH0221)

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Maryland Trust Act - Nonjudicial Settlement Agreements

Sponsored by:

Senator Lee

Status:

Approved by the Governor - Chapter 221


Synopsis:Authorizing, on or after October 1, 2016, specified interested persons to enter into a binding nonjudicial settlement agreement with respect to a matter involving a trust; providing that the nonjudicial settlement agreement is valid only to a specified extent; authorizing an interested person to request a court to make specified determinations with respect to the agreement; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Lee
Additional Facts:Cross-filed with: HB0888
Bill File Type: Regular
Effective Date(s): October 1, 2016
Committee(s):
Judicial Proceedings  View Committee HearingHealth and Government Operations
Broad Subject(s):Estates and Trusts
Narrow Subject(s):Courts -see also- Circuit; Appeals; District; Orphans'; etc.
Estates and Trusts
Liability -see also- Good Samaritan
Salaries and Compensation -see also- Overtime; Reimb. Rates
Settlement Procedures
Statutes:Article - Estates and Trusts
(14.5-111)

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Legislative Lingo

Explanation of Floor Motions and Actions


May 20, 2016 2:51 P.M.