§ 14.5-816. Powers of trustee enumerated in trust instrument
West's Annotated Code of MarylandEstates and TrustsEffective: January 1, 2015
Effective: January 1, 2015
MD Code, Estates and Trusts, § 14.5-816
§ 14.5-816. Powers of trustee enumerated in trust instrument
(b) Without limiting the authority conferred by § 14.5-815 of this subtitle and § 15-102 of this article, a trustee may exercise the powers specified in this section.
(c) With respect to possible liability for violation of environmental law, a trustee may:
(d) A trustee may donate a conservation easement on real property, or consent to the donation of a conservation easement on real property by a personal representative of an estate of which the trustee is a legatee, in order to obtain the benefit of the estate tax exclusion allowed under § 2031(c) of the Internal Revenue Code of 1986, as amended, if:
Credits
Added by Acts 2014, c. 585, § 1, eff. Jan. 1, 2015.
MD Code, Estates and Trusts, § 14.5-816, MD EST & TRST § 14.5-816
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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