2015 Maryland Code
ESTATES AND TRUSTS
Title 13 - PROTECTION OF MINORS AND DISABLED PERSONS
Subtitle 2 - PROTECTION OF PROPERTY
§ 13-216 - Liability for breach of fiduciary duties; rights of purchasers
(a) Liability of guardian. -- If the exercise of a power is improper, the guardian is liable for breach of his fiduciary duty to the minor or disabled person or to interested persons for resulting damage or loss to the same extent as a trustee of an express trust.
(b) Rights of purchasers. -- The rights of purchasers and others dealing with a guardian shall be determined as provided in § 13-219 of this subtitle and are not necessarily affected by the fact that the guardian breached his fiduciary duty in the transaction.
Disclaimer: These codes may not be the most recent version. Maryland 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.
