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Me. Rev. Stat. tit. 18-B, § 407

Evidence of oral trust

PL 2003, c. 618, §A1 (NEW)

Except as required by a statute other than this Code, a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear and convincing evidence.

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