Plain Text Law

§ 14–606

Statutes in effect as of October 1, 2026.

Md. Code Ann., Est. & Trusts § 14-606 (2026)
Title 14. Trusts
Subtitle 6. Maryland Trust Decanting Act

§ 14–606Copy Citation

On application of an authorized fiduciary or a person entitled to receive notice under § 14–605 of this subtitle, a court may:
(1)
Determine whether a proposed or attempted exercise of the decanting power is allowed under this subtitle and consistent with the fiduciary duties of the authorized fiduciary;
(2)
Appoint a special fiduciary and authorize the special fiduciary to determine whether the decanting power should be exercised and to exercise the decanting power;
(3)
Approve the exercise of the decanting power;
(4)
Determine that the proposed or attempted exercise of the decanting power is ineffective:
(i)
Due to a failure to comply with the provisions of this subtitle;
(ii)
As an abuse of the authorized fiduciary’s discretion; or
(iii)
As a breach of the authorized fiduciary’s fiduciary duties;
(5)
Determine the extent to which § 14–619 of this subtitle applies to a prior exercise of the decanting power;
(6)
Determine the application of § 14–619 of this subtitle to a prior exercise of the decanting power; or
(7)
Order other relief to carry out the purposes of this title.