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§ 14.5-403. Trusts not created by wills

West's Annotated Code of MarylandEstates and TrustsEffective: January 1, 2015

West's Annotated Code of Maryland
Estates and Trusts (Refs & Annos)
Title 14.5. Maryland Trust Act (Refs & Annos)
Subtitle 4. Creation, Validity, Modification, and Termination of Trust (Refs & Annos)
Effective: January 1, 2015
MD Code, Estates and Trusts, § 14.5-403
§ 14.5-403. Trusts not created by wills
A trust not created by will is validly created if the creation of the trust complies with:
(1) The law of the jurisdiction in which the trust instrument was executed; or
(2) The law of the jurisdiction in which, at the time of creation:
(i) The settlor was domiciled or was a national;
(ii) A trustee of the trust was domiciled or had a place of business; or
(iii) Any trust property was located.

Credits

Added by Acts 2014, c. 585, § 1, eff. Jan. 1, 2015.
MD Code, Estates and Trusts, § 14.5-403, MD EST & TRST § 14.5-403
Current through legislation effective July 1, 2020, from the 2020 Regular Session of the General Assembly.
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