Maryland Code, ESTATES AND TRUSTS 14-302
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Terms Used In Maryland Code, ESTATES AND TRUSTS 14-302
- Bequest: Property gifted by will.
- Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
- Devise: To gift property by will.
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See - Testator: A male person who leaves a will at death.
- Trustee: A person or institution holding and administering property in trust.
(a) A court of equity, on application of any trustee, or any interested person, or the Attorney General of the State, may order an administration of a trust, devise or bequest as nearly as possible to fulfill the general charitable intention of the settlor or testator:
(1) (i) If the trust for charity is or becomes illegal or impossible or impracticable of enforcement; or
(ii) If the devise or bequest for charity, at the time it was intended to become effective, is illegal or impossible or impracticable of enforcement; and
(2) If the settlor or testator manifested a general intention to devote the property to charity.
(b) This section shall be interpreted and construed to effectuate its general purpose to make uniform the law of those states which enact it.
(c) This section may be cited as the Maryland Uniform Charitable Trusts Administration Act.