Maine § 18-B §104 Knowledge

Maine Statutes

§ 18-B §104 — Knowledge

Maine § 18-B §104

Title 18-BTRUSTS

Part 1MAINE UNIFORM TRUST CODE

Ch. 1GENERAL PROVISIONS AND DEFINITIONS

This text of Maine § 18-B §104 (Knowledge) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 18-B, § 18-B §104 (2026).

Text

1.Person. Subject to subsection 2, a person has knowledge of a fact if the person:

2.Organization. An organization that conducts activities through employees has notice or knowledge of a fact involving a trust only from the time the information was received by an employee having responsibility to act for the trust, or would have been brought to the employee's attention if the organization had exercised reasonable diligence. An organization exercises reasonable diligence if it maintains reasonable routines for communicating significant information to the employee having responsibility to act for the trust and there is reasonable compliance with the routines. Reasonable diligence does not require an employee of the organization to communicate information unless the communication is part of

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1.
Person.
Subject to subsection 2, a person has knowledge of a fact if the person:
2.
Organization.
An organization that conducts activities through employees has notice or knowledge of a fact involving a trust only from the time the information was received by an employee having responsibility to act for the trust, or would have been brought to the employee's attention if the organization had exercised reasonable diligence. An organization exercises reasonable diligence if it maintains reasonable routines for communicating significant information to the employee having responsibility to act for the trust and there is reasonable compliance with the routines. Reasonable diligence does not require an employee of the organization to communicate information unless the communication is part of the individual's regular duties or the individual knows a matter involving the trust would be materially affected by the information.