§ 14.5-409
Statutes in effect as of October 1, 2026.
Md. Code Ann., Est. & Trusts § 14.5-409 (2026)
Title 14.5. Maryland Trust Act
Subtitle 4. Creation, Validity, Modification, and Termination of Trust
§ 14.5-409LinkCopy Citation
(a)
In addition to the methods of termination prescribed by §§ 14.5–410 through 14.5–412 of this subtitle, a trust terminates to the extent:
(1)
The trust is revoked or expires in accordance with the terms of the trust; or
(2)
The purposes of the trust have become unlawful, contrary to public policy, or impossible to achieve.
(b)
A proceeding to approve or disapprove a proposed modification or termination under §§ 14.5–410 through 14.5–414 of this subtitle, or combination or division of a trust under § 14.5–415 of this subtitle, may be commenced by a trustee or beneficiary.