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<section article="get" article_name="Estates and Trusts" number="14.5-108" title_number="14.5" title_name="Maryland Trust Act" subtitle_number="1" subtitle_name="In General">
  <level label="a">
    <text>Without precluding other means for establishing a sufficient connection with the designated jurisdiction, terms of a trust designating the principal place of administration are valid and controlling if:</text>
    <level label="1">
      <text>The principal place of business of a trustee is located in or a trustee is a resident of the designated jurisdiction; or</text>
    </level>
    <level label="2">
      <text>All or part of the administration of the trust occurs in the designated jurisdiction.</text>
    </level>
  </level>
  <level label="b">
    <text>A trustee is under a continuing duty to administer the trust at a place appropriate to its purposes, its administration, and the interests of the beneficiary.</text>
  </level>
  <level label="c">
    <text>Without precluding the right of the court to order, approve, or disapprove a transfer, the trustee, in furtherance of the duty under subsection (b) of this section, may transfer the principal place of administration of the trust to another state or a jurisdiction outside the United States.</text>
  </level>
  <level label="d">
    <level label="1">
      <text>The trustee shall notify the qualified beneficiaries of a proposed transfer of a trust’s principal place of administration not less than 60 days before initiating the transfer.</text>
    </level>
    <level label="2">
      <text>The notice of proposed transfer under paragraph (1) of this subsection must include:</text>
      <level label="i">
        <text>The name of the jurisdiction to which the principal place of administration is to be transferred;</text>
      </level>
      <level label="ii">
        <text>The address and telephone number at the new location at which the trustee can be contacted;</text>
      </level>
      <level label="iii">
        <text>An explanation of the reasons for the proposed transfer;</text>
      </level>
      <level label="iv">
        <text>The date on which the proposed transfer is anticipated to occur; and</text>
      </level>
      <level label="v">
        <text>The date, not less than 60 days after the giving of the notice, by which the qualified beneficiary must notify the trustee of an objection to the proposed transfer.</text>
      </level>
    </level>
  </level>
  <level label="e">
    <text>The authority of a trustee under this section to transfer a trust’s principal place of administration terminates if a qualified beneficiary notifies the trustee of an objection to the proposed transfer on or before the date specified in the notice.</text>
  </level>
</section>
