Maine § 18-B §2107 Limitations on trust director

Maine Statutes

§ 18-B §2107 — Limitations on trust director

Maine § 18-B §2107

Title 18-BTRUSTS

Part 2MAINE UNIFORM DIRECTED TRUST ACT

This text of Maine § 18-B §2107 (Limitations on trust director) 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 §2107 (2026).

Text

A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under section 2106, subsection 2, paragraph A regarding:

1.Medicaid payback provision. A payback provision in the terms of a trust necessary to comply with the reimbursement requirements of Medicaid law in Section 1917 of the federal Social Security Act, 42 United States Code, Section 1396p(d)(4)(A); and

2.Charitable interest. A charitable interest in the trust, including notice regarding the interest to the Attorney General.

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A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under section 2106, subsection 2, paragraph A regarding:
1.
Medicaid payback provision.
A payback provision in the terms of a trust necessary to comply with the reimbursement requirements of Medicaid law in Section 1917 of the federal Social Security Act, 42 United States Code, Section 1396p(d)(4)(A); and
2.
Charitable interest.
A charitable interest in the trust, including notice regarding the interest to the Attorney General.