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2017 Maryland Code
Estates and Trusts
Title 14.5. Maryland Trust Act.
Subtitle 4 - Creation, Validity, Modification, and Termination of Trust.
§ 14.5-403. Validity of trust not created by will.
Universal Citation:
MD Est & Trusts Code § 14.5-403 (2017)
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- A trust not created by will is validly created if the creation of the trust complies with:
- (1) The law of the jurisdiction in which the trust instrument was executed; or
- (2) The law of the jurisdiction in which, at the time of creation:
- (i) The settlor was domiciled or was a national;
- (ii) A trustee of the trust was domiciled or had a place of business; or
- (iii) Any trust property was located.
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