Legislation
- Title
- Maryland Trust Act - Representatives of Beneficiaries
- Sponsored by
- Senator Smith
- Status
- Approved by the Governor - Chapter 355
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Authorizing a settlor of a trust to designate specified persons to serve as a representative or successor representative of a beneficiary of the trust, to designate specified persons who may in turn designate a representative or successor representative of a beneficiary of the trust, and to specify the order of priority among those persons; prohibiting a trustee from serving as a representative of a specified beneficiary under specified circumstances; etc.
Committees
Details
History
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File Code
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Subjects
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Statutes
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(
14.5-105, 14.5-306 )
Last Updated: 2/3/2020 2:35 PM