Maryland Code, TRANSPORTATION 13-503.3
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Terms Used In Maryland Code, TRANSPORTATION 13-503.3
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Inter vivos: Transfer of property from one living person to another living person.
(a) If the title or interest of an owner of a vehicle is transferred into a written inter vivos trust in which the transferor is the primary beneficiary, the transferee may continue to use the same registration plates after the transfer.
(b) In all other respects the transfer shall be treated the same way as any other transfer by a private owner of a registered vehicle.