§ 14.5-909
Statutes in effect as of October 1, 2026.
Md. Code Ann., Est. & Trusts § 14.5-909 (2026)
Title 14.5. Maryland Trust Act
Subtitle 9. Liability of Trustees and Rights of Persons Dealing with the Trustee
§ 14.5-909LinkCopy Citation
(a)
In the absence of actual knowledge or of reasonable cause to inquire as to whether a trustee is improperly exercising the trustee’s power, a person dealing with a trustee need not inquire whether a trustee is properly exercising the power of the trustee and is protected as if the trustee properly exercised the power.
(b)
A person need not see to the proper application of trust assets paid or delivered to a trustee.