Md. Code, Estates and Trusts § 4-409
This is the official text of Md. Code, Estates and Trusts § 4-409, part of Maryland’s Code, Estates and Trusts — governs wills, trusts, and probate.
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§4–409.
Official statutory text
A legacy for charitable use may not be void because of an uncertainty with respect to the donees:
(1) If the will making the legacy also contains directions for the formation of a corporation to take the legacy; and
(2) (i) If the legacy is immediate and not subject to a life estate, a corporation is formed in accordance with the directions, capable and willing to receive and administer the legacy, within 12 months from the probate of the will; or
(ii) If the legacy is subject to a life estate, a corporation shall be formed at a time between probate of the will and the end of 12 months following the expiration of a life estate or life estates.
(1) If the will making the legacy also contains directions for the formation of a corporation to take the legacy; and
(2) (i) If the legacy is immediate and not subject to a life estate, a corporation is formed in accordance with the directions, capable and willing to receive and administer the legacy, within 12 months from the probate of the will; or
(ii) If the legacy is subject to a life estate, a corporation shall be formed at a time between probate of the will and the end of 12 months following the expiration of a life estate or life estates.
Status: in_force · Read it on the official government site
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