Maryland Statutes
§ 14-619
(a)If an exercise of the decanting power violates the provisions of this subtitle solely because a second trust instrument in part does not comply with the requirements of this subtitle, the exercise is effective.
(b)If an exercise of the decanting power is effective notwithstanding a failure to meet any requirement of this subtitle in accordance with subsection (a) of this section, with respect to the principal of the second trust attributable to the exercise of the power:
(1)Any provision in the second trust instrument prohibited by this subtitle is void to the extent necessary to comply with this subtitle; and
(2)The second trust instrument shall be treated as containing any provision which is required by this subtitle but not included in the instr
Free access — add to your briefcase to read the full text and ask questions with AI
Maryland § 14-619 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.