Maine Statutes

§ 18-B §904 — Duties at inception of trusteeship

Maine § 18-B §904
JurisdictionMaine
Title 18-BTRUSTS
Part 1MAINE UNIFORM TRUST CODE
Ch. 9MAINE UNIFORM PRUDENT INVESTOR ACT

This text of Maine § 18-B §904 (Duties at inception of trusteeship) 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 §904 (2026).

Text

Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements and other circumstances of the trust and with the requirements of this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

PL 2003, c. 618, §A1 (NEW). PL 2003, c. 618, §A2 (AFF).

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Maine § 18-B §904, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/18-B%20%C2%A7904.