Maryland Statutes

§ 14.5-702

Maryland § 14.5-702
JurisdictionMaryland
Article getEstates and Trusts

This text of Maryland § 14.5-702 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Estates and Trusts § 14.5-702 (2026).

Text

(a)A trustee shall give bond to secure performance of the duties of the trustee only if the court:
(1)Finds that a bond is needed to protect the interests of the beneficiaries or is required by the terms of the trust; and
(2)Has not dispensed with the requirement.
(b)(1) The court may specify the amount of a bond, the liabilities of the bond, and whether sureties for the bond are necessary.
(2)The court may modify or terminate a bond at any time.

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Bluebook (online)
Maryland § 14.5-702, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/get/14.5-702.