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<section article="get" article_name="Estates and Trusts" number="14-602" title_number="14" title_name="Trusts" subtitle_number="6" subtitle_name="Maryland Trust Decanting Act">
  <level label="a">
    <text>Except as otherwise provided in this section, this subtitle applies to any express trust that:</text>
    <level label="1">
      <text>Is irrevocable or revocable by the settlor only with the consent of the trustee or a person holding an adverse interest; and</text>
    </level>
    <level label="2">
      <level label="i">
        <text>Has its principal place of administration in this State, including a trust whose principal place of administration has been changed to this State; or</text>
      </level>
      <level label="ii">
        <text>Is governed by the law of this State for the purpose of:</text>
        <level label="1">
          <text>Administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this State;</text>
        </level>
        <level label="2">
          <text>Construction of the terms of the trust; or</text>
        </level>
        <level label="3">
          <text>Determining the meaning or effect of the terms of the trust.</text>
        </level>
      </level>
    </level>
  </level>
  <level label="b">
    <text>This subtitle does not apply to a trust held solely for charitable purposes.</text>
  </level>
  <level label="c">
    <text>Except as otherwise provided in this subtitle, a trust instrument may restrict or prohibit the exercise of the decanting power.</text>
  </level>
  <level label="d">
    <text>This subtitle does not limit the power of a trustee, a powerholder, or any other person to:</text>
    <level label="1">
      <text>Distribute or appoint property in further trust; or</text>
    </level>
    <level label="2">
      <text>Modify a trust under the trust instrument, law of this State other than this title, common law, a court order, or a nonjudicial settlement agreement.</text>
    </level>
  </level>
  <level label="e">
    <text>This subtitle does not limit the ability of a settlor to provide in a trust instrument for the distribution or appointment in further trust of trust property or the modification of the trust instrument.</text>
  </level>
</section>
