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§ 15-107. Multiple fiduciaries

West's Annotated Code of MarylandEstates and Trusts

West's Annotated Code of Maryland
Estates and Trusts (Refs & Annos)
Title 15. Fiduciaries (Refs & Annos)
Subtitle 1. General Provisions (Refs & Annos)
MD Code, Estates and Trusts, § 15-107
§ 15-107. Multiple fiduciaries
Whenever by will, deed, or other instrument, a power to sell, mortgage, lease or otherwise dispose of or deal with property shall be given to any one or more fiduciaries, the power, whether discretionary or otherwise, shall be construed to be appurtenant to the fiduciary office and shall pass to and be exercisable by any surviving or successor fiduciary, unless an intention to the contrary is expressly declared in the will, deed, or other instrument.

Credits

Added by Acts 1974, c. 11, § 2, eff. July 1, 1974.
Formerly Art. 16, § 192.
MD Code, Estates and Trusts, § 15-107, MD EST & TRST § 15-107
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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