2013 Maryland Code
ESTATES AND TRUSTS
§ 14-105 - Protection of person dealing with trustee


MD Est & Trusts Code § 14-105 (2013) What's This?

§14-105.

In the absence of actual knowledge or of reasonable cause to inquire as to whether a trustee is improperly exercising his power, a person dealing with a trustee need not inquire whether a trustee is properly exercising his power, and is protected as if the trustee properly exercised the power. A person need not see to the proper application of trust assets paid or delivered to a trustee.

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