Maine Statutes

§ 18-B §1206 — Reasonable reliance

Maine·Title 18-B TRUSTS·Part 1 MAINE UNIFORM TRUST CODE·Ch. 12 MAINE UNIFORM TRUST DECANTING ACT
A trustee or other person that reasonably relies on the validity of a distribution of part or all of the property of a trust to another trust, or a modification of a trust, under this Act, a law of this State other than this Act or the law of another jurisdiction is not liable to any person for any action or failure to act as a result of the reliance.

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Legislative History

PL 2021, c. 235, §1 (NEW).

Nearby Sections

15
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