Md. Code, Estates and Trusts § 14.5-908

This is the official text of Md. Code, Estates and Trusts § 14.5-908, part of Maryland’s Code, Estates and Trusts — governs wills, trusts, and probate.

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§14.

Official statutory text

§14.5–908.

(a) Except as otherwise provided in the contract, a trustee is not personally liable on a contract properly entered into by the trustee in the fiduciary capacity of the trustee in the course of administering the trust if the trustee in the contract disclosed the fiduciary capacity.

(b) A claim based on a contract entered into by a trustee in the fiduciary capacity of the trustee, on an obligation arising from ownership or control of trust property, or on a tort committed in the course of administering a trust, may be asserted in a judicial proceeding against the trustee in the fiduciary capacity of the trustee, regardless of whether the trustee is personally liable for the claim.

Status: in_force · Read it on the official government site

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