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§ 13-206. Qualifications and role of guardian

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, § 13-206
§ 13-206. Qualifications and role of guardian
In general
(a) Subject to the provisions of § 13-207 of this subtitle, the court may appoint as guardian of the estate of a minor or disabled person:
(1) Any individual;
(2) Any trust company; or
(3) Any other corporation authorized by law to serve as a trustee.
Bond requirements
(b) The appointed guardian shall qualify by filing any required bond.
Title to property of minor or protected person
(c)(1)(i) The appointment and qualification of a guardian vests in the guardian title to all property of the minor or protected person that is held at the time of appointment or acquired later.
(ii) The appointment is not a transfer or alienation within the meaning of any federal or State statute or regulation, insurance policy, pension plan, contract, will, or trust instrument that imposes restrictions on or penalties for transfer or alienation by the minor or disabled person of the minor or disabled person's rights or interest.
(iii) A guardian shall utilize powers conferred by this subtitle to perform services, exercise discretion, and discharge the guardian's duties for the best interest of the minor or disabled person or the minor or disabled person's dependents.
(2) If a trust company is appointed guardian, a court may order any money paid to the court for the benefit of the minor or disabled person to be deposited with the trust company.
Statutory agent of minor or disabled person
(d) The guardian is the statutory agent of the minor or disabled person for the purpose of filing all government reports and returns.

Credits

Added by Acts 1974, c. 11, § 2, eff. July 1, 1974. Amended by Acts 1980, c. 33, § 5; 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, § 206.
MD Code, Estates and Trusts, § 13-206, MD EST & TRST § 13-206
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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