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Terms Used In Maine Revised Statutes Title 18-B Sec. 2114

  • Trustee: A person or institution holding and administering property in trust.
In an action against a trust director for breach of trust, the director may assert the same defenses a trustee in a like position and under similar circumstances could assert in an action for breach of trust against the trustee. [PL 2019, c. 301, §8 (NEW).]
SECTION HISTORY

PL 2019, c. 301, §8 (NEW).