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§ 14-5-909 — Maryland Law | CourtGPT
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  3. Maryland/
  4. Estates and Trusts/
  5. Title 14.5 - Maryland Trust Act/
  6. Subtitle 9 - Liability of Trustees and Rights of Persons Dealing with the Trustee/
  7. § 14-5-909
Maryland Legal Code

§ 14-5-909

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(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.