Current with changes from the 2024 Legislative Session
Section 14.5-811 - Enforcement, defense, abandonment or assignment of claims against trust(a) A trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust.(b) A trustee may abandon a claim that is unreasonable to enforce or assign the claim to one or more of the beneficiaries of the trust holding the claim.Added by 2014 Md. Laws, Ch. 585,Sec. 1, eff. 1/1/2015.