Maryland Trust Act - Liability of Trustee - Report and Release by Interested Party
What this bill does
Authorizing a trustee to send certain interested parties in a certain manner a certain report when the trust terminates or on the resignation or removal of the trustee in accordance with the terms of the trust or certain provisions of law; providing that, if an interested party does not submit an objection to the report within 120 days after the trustee mailed the report, the interested party shall be deemed to have released the trustee and to have consented to and ratified the actions of the trustee; etc.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (5)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Senator West, Senator Westlegislator | Individual | Oral + Written (PDF) |
| FWA | Enten, Bob | MBA | Oral + Written (PDF) |
| FWA | Coulahan, Kathleen | PNC Bank | Oral + Written (PDF) |
| FWA | Murphy, Kathleen | Individual | Position only |
| FWA | Stein, Michael | Individual | Position only |