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§ 14-5-404 — Maryland Law | CourtGPT
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  2. Laws/
  3. Maryland/
  4. Estates and Trusts/
  5. Title 14.5 - Maryland Trust Act/
  6. Subtitle 4 - Creation, Validity, Modification, and Termination of Trust/
  7. § 14-5-404
Maryland Legal Code

§ 14-5-404

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(a) A trust may be created only to the extent that the purposes of the trust are lawful, not contrary to public policy, and possible to achieve. (b) A trust and the terms of the trust shall be for the benefit of the beneficiaries of the trust.