There is a newer version of the Maine Revised Statutes
2010 Maine Code
TITLE 18-A: PROBATE CODE
Article 7: TRUST ADMINISTRATION
- Part 1: TRUST REGISTRATION
- 18-A §7-101. Registration of trusts (REPEALED)
- 18-A §7-102. Registration procedures (REPEALED)
- 18-A §7-103. Effect of registration (REPEALED)
- 18-A §7-104. Principal place of administration; jurisdiction (REPEALED)
- 18-A §7-105. Registration, qualification of foreign trustee Part 2: JURISDICTION OF COURT CONCERNING TRUSTS
- 18-A §7-201. Court; jurisdiction over trusts (REPEALED)
- 18-A §7-202. Trust proceedings; venue (REPEALED)
- 18-A §7-203. Trust proceedings; dismissal of matters relating to foreign trusts (REPEALED)
- 18-A §7-204. Court; concurrent jurisdiction of litigation involving trusts and 3rd parties (REPEALED)
- 18-A §7-205. Proceedings for review of employment of agents and review of compensation of trustee and employees of trust (REPEALED)
- 18-A §7-206. Trust proceedings; initiation by notice; necessary parties (REPEALED) Part 3: DUTIES AND LIABILITIES OF TRUSTEES
- 18-A §7-301. General duties not limited (REPEALED)
- 18-A §7-302. Trustee's standard of care and performance; fiduciary investments authorized (REPEALED)
- 18-A §7-303. Duty to inform and account to beneficiaries (REPEALED)
- 18-A §7-304. Duty to provide bond (REPEALED)
- 18-A §7-305. Trustee's duties; appropriate place of administration; deviation (REPEALED)
- 18-A §7-306. Personal liability of trustee to 3rd parties (REPEALED)
- 18-A §7-307. Limitations on proceedings against trustees after final account (REPEALED) Part 4: POWERS OF TRUSTEES
- 18-A §7-401. Powers of trustee conferred by trust or by law (REPEALED)
- 18-A §7-402. Powers of trustees conferred by this Part (REPEALED)
- 18-A §7-403. Trustee's office not transferable (REPEALED)
- 18-A §7-404. Power of court to permit deviation or to approve transactions involving conflict of interest (REPEALED)
- 18-A §7-405. Powers exercisable by joint trustees; liability (REPEALED)
- 18-A §7-406. Third persons protected in dealing with trustee (REPEALED)
- 18-A §7-407. Prohibitions and requirements applicable to trusts which are private foundations
- 18-A §7-408. Trustees authorized to invest trust funds in affiliated investments; limitations Part 5: COMMON TRUST FUNDS
- 18-A §7-501. Establishment of common trust funds
- 18-A §7-502. Court accountings
- 18-A §7-503. Application of Part Part 6: BANK AND TRUST COMPANY NOMINEES
- 18-A §7-601. Registration in name of nominees
- 18-A §7-602. Separate records
- 18-A §7-603. Applicability of provisions Part 7: UNIFORM PRINCIPAL AND INCOME ACT OF 1997 Subpart 1: DEFINITIONS AND FIDUCIARY DUTIES
- 18-A §7-701. Short title
- 18-A §7-702. Definitions
- 18-A §7-703. Fiduciary duties; general principles
- 18-A §7-704. Trustee's power to adjust
- 18-A §7-705. Power to convert to unitrust
- 18-A §7-706. Judicial review of discretionary powers Subpart 2: DECENDENT'S ESTATE OR TERMINATING INCOME INTEREST
- 18-A §7-721. Determination and distribution of net income
- 18-A §7-722. Distribution to residuary and remainder beneficiaries Subpart 3: APPORTIONMENT AT BEGINNING AND END OF INCOME INTEREST
- 18-A §7-731. When right to income begins and ends
- 18-A §7-732. Apportionment of receipts and disbursements when decedent dies or income interest begins
- 18-A §7-733. Apportionment when income interest ends Subpart 4: ALLOCATION OF RECEIPTS DURING ADMINISTRATION OF TRUST
- 18-A §7-741. Character of receipts
- 18-A §7-742. Distribution from trust or estate
- 18-A §7-743. Business and other activities conducted by trustee
- 18-A §7-744. Principal receipts
- 18-A §7-745. Rental property
- 18-A §7-746. Obligation to pay money
- 18-A §7-747. Insurance policies and similar contracts
- 18-A §7-748. Insubstantial allocations not required
- 18-A §7-749. Deferred compensation, annuities and similar payments
- 18-A §7-750. Liquidating asset
- 18-A §7-751. Minerals, water and other natural resources
- 18-A §7-752. Timber
- 18-A §7-753. Property not productive of income
- 18-A §7-754. Derivatives and options
- 18-A §7-755. Asset-backed securities Subpart 5: ALLOCATION OF DISBURSEMENTS DURING ADMINISTRATION OF TRUST
- 18-A §7-761. Disbursements from income
- 18-A §7-762. Disbursements from principal
- 18-A §7-763. Transfers from income to principal for depreciation
- 18-A §7-764. Transfers from income to reimburse principal
- 18-A §7-765. Income taxes
- 18-A §7-766. Adjustments between principal and income because of taxes Subpart 6: MISCELLANEOUS PROVISIONS
- 18-A §7-771. Uniformity of application and construction
- 18-A §7-772. Effective date
- 18-A §7-773. Application of Part to all trusts and estates
Disclaimer: These codes may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.