2005 Maine Code - §417 — Combination and division of trusts


    After notice to the qualified beneficiaries, a trustee may combine 2 or more trusts into a single trust or divide a trust into 2 or more separate trusts, if the result does not impair rights of any beneficiary or adversely affect achievement of the purposes of the trust. [2003, c. 618, Pt. A, §1 (new); §2 (aff).]


Section History:

PL 2003,  Ch. 618,   §A1 (NEW).
PL 2003,  Ch. 618,   §A2 (AFF).

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