§ 17-102. Disclosure of receipts, disbursements, or transactions by agent
West's Annotated Code of MarylandEstates and TrustsEffective: October 1, 2010
Effective: October 1, 2010
MD Code, Estates and Trusts, § 17-102
§ 17-102. Disclosure of receipts, disbursements, or transactions by agent
(a) Except as otherwise provided in a power of attorney, an agent is not required to disclose receipts, disbursements, or transactions conducted on behalf of the principal unless ordered by a court or requested by the principal, a guardian, a conservator, another fiduciary acting for the principal, a governmental agency having authority to protect the welfare of the principal, or, on the death of the principal, by the personal representative or successor in interest of the principal's estate.
(b)(1) If a request as described in subsection (a) of this section is made, within 30 days after the request is made, the agent shall comply with the request or provide a writing or other record substantiating why additional time is needed and shall comply with the request within an additional 30 days.
Credits
Added by Acts 2010, c. 689, § 1, eff. Oct. 1, 2010; Acts 2010, c. 690, § 1, eff. Oct. 1, 2010.
MD Code, Estates and Trusts, § 17-102, MD EST & TRST § 17-102
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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