Maryland Code, ESTATES AND TRUSTS 14.5-801
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Terms Used In Maryland Code, ESTATES AND TRUSTS 14.5-801
- Trustee: A person or institution holding and administering property in trust.
On acceptance of a trusteeship, the trustee shall administer the trust reasonably under the circumstances, in accordance with the terms and purposes of the trust and the interests of the beneficiaries, and in accordance with this title.