§ 14-604. No liability for reliance on validity of decanting
West's Annotated Code of MarylandEstates and TrustsEffective: October 1, 2023
Effective: October 1, 2023
MD Code, Estates and Trusts, § 14-604
§ 14-604. No liability for reliance on validity of decanting
A trustee or other person who reasonably relies on the validity of a distribution of trust property to another trust or on a modification of a trust under this subtitle, the law of this State, or the law of any other jurisdiction is not liable to any person for any act or failure to act as a result of the reliance.
Credits
Added by Acts 2023, c. 715, § 1, eff. Oct. 1, 2023; Acts 2023, c. 716, § 1, eff. Oct. 1, 2023.
MD Code, Estates and Trusts, § 14-604, MD EST & TRST § 14-604
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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