Maine Statutes
§ 18-B §1220 — Need to distribute not required
Maine § 18-B §1220
JurisdictionMaine
Title 18-BTRUSTS
Part 1MAINE UNIFORM TRUST CODE
Ch. 12MAINE UNIFORM TRUST DECANTING ACT
This text of Maine § 18-B §1220 (Need to distribute not required) 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 §1220 (2026).
Text
An authorized fiduciary may exercise the decanting power whether or not, under the first trust's discretionary distribution standard, the authorized fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise.
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Legislative History
PL 2021, c. 235, §1 (NEW).
Nearby Sections
15
§ 18 §1
By whom and how made§ 18 §1001
Rules of descent§ 18 §1002
Degrees of kindred§ 18 §1004
Posthumous child takes intestate share§ 18 §1005
Child or issue may have intestate share§ 18 §1006
Contribution to loss by devisee§ 18 §1008
Rights of heirs of deceased devisees§ 18 §102
Petition for probate; notice§ 18 §103
Competency of witnesses§ 18 §104
DepositionsCite This Page — Counsel Stack
Bluebook (online)
Maine § 18-B §1220, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/18-B%20%C2%A71220.