Md. Code, Est. & Trusts § 14.5-803

Current with changes from the 2024 Legislative Session

Section 14.5-803 - Two or more beneficiaries

If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the respective interests of the beneficiaries.

Md. Code, ET § 14.5-803

Added by 2014 Md. Laws, Ch. 585,Sec. 1, eff. 1/1/2015.