2015 Maryland Code
ESTATES AND TRUSTS
Title 14.5 - MARYLAND TRUST ACT.
Subtitle 1 - IN GENERAL.
§ 14.5-110 - Qualified beneficiaries.

MD Est & Trusts Code § 14.5-110 (2015) What's This?

(a) Notice pursuant to request for notice. -- Whenever notice to qualified beneficiaries of a trust is required under this title, the trustee shall also give notice to any other beneficiary that has sent the trustee a request for notice.

(b) Charitable organizations. -- A charitable organization expressly designated to receive distributions under the terms of a charitable trust has the rights of a qualified beneficiary under this title if the charitable organization on the date the qualification of the charitable organization is being determined:

(1) Is a distributee or permissible distributee of trust income or principal;

(2) Would be a distributee or permissible distributee of trust income or principal on the termination of the interests of other distributees or permissible distributees then receiving or eligible to receive distributions; or

(3) Would be a distributee or permissible distributee of trust income or principal if the trust terminated on that date.

(c) Person appointed to enforce trust created for animal care or other noncharitable purpose. -- A person appointed to enforce a trust created for the care of an animal as provided in § 14.5-407 of this title or another noncharitable purpose as provided in § 14.5-408 of this title has the rights of a qualified beneficiary under this title.

(d) State's Attorney General. -- The State's Attorney General has the rights of a qualified beneficiary with respect to a charitable trust having the principal place of administration of the charitable trust in this State.

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