Section 14-606 - Court approval of exercise of decanting powerOn 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.Added by 2023 Md. Laws, Ch. 716, Sec. 1, eff. 10/1/2023.Added by 2023 Md. Laws, Ch. 715, Sec. 1, eff. 10/1/2023.