Maine § 18-B §810 Record keeping and identification of trust property

Maine Statutes

§ 18-B §810 — Record keeping and identification of trust property

Maine § 18-B §810

Title 18-BTRUSTS

Part 1MAINE UNIFORM TRUST CODE

Ch. 8DUTIES AND POWERS OF TRUSTEE

This text of Maine § 18-B §810 (Record keeping and identification of trust property) 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 §810 (2026).

Text

1.Adequate records of administration. A trustee shall keep adequate records of the administration of the trust.

2.Separation of property. A trustee shall keep trust property separate from the trustee's own property.

3.Interest of trust, records. Except as otherwise provided in subsection 4, a trustee not subject to federal or state banking regulation shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary to whom the trustee has delivered the property.

4.Two or more trusts. If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of 2 or more separate trusts.

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1.
Adequate records of administration.
A trustee shall keep adequate records of the administration of the trust.
2.
Separation of property.
A trustee shall keep trust property separate from the trustee's own property.
3.
Interest of trust, records.
Except as otherwise provided in subsection 4, a trustee not subject to federal or state banking regulation shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary to whom the trustee has delivered the property.
4.
Two or more trusts.
If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of 2 or more separate trusts.