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§ 14.5-107. Determining the meaning and effect of the terms of a trust

West's Annotated Code of MarylandEstates and TrustsEffective: October 1, 2018

West's Annotated Code of Maryland
Estates and Trusts (Refs & Annos)
Title 14.5. Maryland Trust Act (Refs & Annos)
Subtitle 1. In General (Refs & Annos)
Effective: October 1, 2018
MD Code, Estates and Trusts, § 14.5-107
§ 14.5-107. Determining the meaning and effect of the terms of a trust
The meaning and effect of the terms of a trust are determined by:
(1) The law of the jurisdiction designated in the terms unless the designation of that jurisdiction's law is contrary to a strong public policy of the jurisdiction having the most significant relationship to the matter at issue; or
(2) In the absence of a controlling designation in the terms of the trust, the law of the jurisdiction having the most significant relationship to the matter at issue.

Credits

Added by Acts 2018, c. 258, § 1, eff. Oct. 1, 2018; Acts 2018, c. 259, § 1, eff. Oct. 1, 2018.
MD Code, Estates and Trusts, § 14.5-107, MD EST & TRST § 14.5-107
Current through legislation effective July 1, 2020, from the 2020 Regular Session of the General Assembly.
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