Home Table of Contents

§ 13-216. Breach of fiduciary duty

West's Annotated Code of MarylandEstates and TrustsEffective: October 1, 2019

West's Annotated Code of Maryland
Estates and Trusts (Refs & Annos)
Title 13. Protection of Minors, Disabled Persons, Susceptible Adults, and Older Adults (Refs & Annos)
Subtitle 2. Protection of Property (Refs & Annos)
Effective: October 1, 2019
MD Code, Estates and Trusts, § 13-216
§ 13-216. Breach of fiduciary duty
Liability of guardian
(a) If the exercise of a power is improper, the guardian is liable for breach of the guardian's fiduciary duty to the minor or disabled person or to interested persons for resulting damage or loss to the same extent as a trustee of an express trust.
Rights of purchasers and others dealing with guardian
(b) The rights of purchasers and others dealing with a guardian shall be determined as provided in § 13-219 of this subtitle and are not necessarily affected by the guardian's breach of fiduciary duty in the transaction.

Credits

Added by Acts 1974, c. 11, § 2, eff. July 1, 1974. Amended by Acts 2010, c. 256, § 1, eff. Oct. 1, 2010; Acts 2010, c. 257, § 1, eff. Oct. 1, 2010; Acts 2019, c. 197, § 1, eff. Oct. 1, 2019.
Formerly Art. 93A, § 216.
MD Code, Estates and Trusts, § 13-216, MD EST & TRST § 13-216
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.
End of Document