§ 17-109. Application of title
West's Annotated Code of MarylandEstates and TrustsEffective: June 1, 2011
Effective: June 1, 2011
MD Code, Estates and Trusts, § 17-109
§ 17-109. Application of title
(a) Except as provided in subsection (b) of this section, this title applies to all powers of attorney.
(b) Except as provided in § 17-105 of this subtitle, this title does not apply to:
(1) A power that is coupled with an interest in the subject of the power, is given as security, or is given for consideration, regardless of whether the power is held for the benefit of the agent or another person, including a power given to or for the benefit of a creditor in connection with a credit transaction;
Credits
Added by Acts 2010, c. 689, § 1, eff. Oct. 1, 2010; Acts 2010, c. 690, § 1, eff. Oct. 1, 2010. Amended by Acts 2011, c. 74, § 1, eff. June 1, 2011; Acts 2011, c. 75, § 1, eff. June 1, 2011.
MD Code, Estates and Trusts, § 17-109, MD EST & TRST § 17-109
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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