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Md. Code Ann., Est. & Trusts § 14.5-909

Known as the Maryland Trust Act

The act spans §§ 14–14 (103 sections).

(a) In the absence of actual knowledge or of reasonable cause to inquire as to whether a trustee is improperly exercising the trustee’s power, a person dealing with a trustee need not inquire whether a trustee is properly exercising the power of the trustee and is protected as if the trustee properly exercised the power.

(b) A person need not see to the proper application of trust assets paid or delivered to a trustee.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.