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§ 14-5-902 — Maryland Law | CourtGPT
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  5. Title 14.5 - Maryland Trust Act/
  6. Subtitle 9 - Liability of Trustees and Rights of Persons Dealing with the Trustee/
  7. § 14-5-902
Maryland Legal Code

§ 14-5-902

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(a) A trustee that commits a breach of trust is liable to the beneficiaries affected by the breach for the greater of: (1) The amount required to restore the value of the trust property and trust distributions to what they would have been had the breach not occurred; or (2) The profit the trustee made by reason of the breach. (b) (1) Except as otherwise provided in this subsection, if more than one trustee is liable to the beneficiaries for a breach of trust, a trustee is entitled to contribution from the other trustee or trustees that are also liable. (2) A trustee that received a benefit from a breach of trust under this subsection is not entitled to contribution from another trustee to the extent of the benefit received.