Maryland Trust Act - Trustee Liability - Release by Interested Parties
Sponsor: Jon S. Cardin (District 11B)Committee: JudiciarySubject: Estates and TrustsStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 632 (as of Nov 15, 2022)
What this bill does
Official synopsis
Altering a provision of law requiring that a trustee seeking a release of the trustee from liability for administration of a trust send a certain interested party from whom the trustee is seeking the release a certain report; providing for the submission of a statement by an interested party to a trust under the Maryland Trust Act that the interested party does not object to the release from liability of a trustee for administration of the trust under certain circumstances; etc.
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Testimony (6)
MGA witness listFAV 6Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Friend, Jodi | Maryland Bankers Assoc. | Oral |
| FAV | Jabin, Drew | Maryland Bankers Association | Oral + Written (PDF) |
| FAV | Weintraub, Jasonlobbyist | Maryland Thoroughbred Horsemen's Association (MTHA) | Oral |
| FAV | Enten, Robert | Md Thoroughbred Horsemen’s Assoc | Oral |
| FAV | Stein, Michael | PNC Bank, N.A. | Oral |
| FAV | Delegate Cardin, Delegate Cardinlegislator | Individual | Oral |
Organizations on record
Registered lobbyists who testified
FAVWeintraub, JasonMaryland Thoroughbred Horsemen's Association (MTHA)Registered for: AFSCME Council 3; Albertsons Companies, Inc.; American Property Casualty Insurance Association; COPT Defense Properties; CVS Health; CareFirst BlueCross BlueShield…