Maryland Statutes

§ 4-409

Maryland·Article get Estates and Trusts·Title 4

A legacy for charitable use may not be void because of an uncertainty with respect to the donees:

(1)If the will making the legacy also contains directions for the formation of a corporation to take the legacy; and
(2)(i) If the legacy is immediate and not subject to a life estate, a corporation is formed in accordance with the directions, capable and willing to receive and administer the legacy, within 12 months from the probate of the will; or
(ii)If the legacy is subject to a life estate, a corporation shall be formed at a time between probate of the will and the end of 12 months following the expiration of a life estate or life estates.

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Nearby Sections

15
§ 4-101
§ 4-101
§ 4-102
§ 4-102
§ 4-103
§ 4-103
§ 4-104
§ 4-104
§ 4-105
§ 4-105
§ 4-106
§ 4-106
§ 4-107
§ 4-107
§ 4-201
§ 4-201
§ 4-202
§ 4-202
§ 4-203
§ 4-203
§ 4-204
§ 4-204
§ 4-205
§ 4-205
§ 4-206
§ 4-206
§ 4-301
§ 4-301
§ 4-401
§ 4-401
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