Maryland Code, ESTATES AND TRUSTS 6-203
Terms Used In Maryland Code, ESTATES AND TRUSTS 6-203
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
- Personal representative: includes an administrator and an executor. See
- Statute: A law passed by a legislature.
(b) The provisions of subsection (a) of this section do not apply if:
(1) The act involved is receiving or receipting for property due the estate;
(2) All personal representatives cannot readily be consulted in the time reasonably available for emergency action;
(3) A personal representative has validly delegated to a copersonal representative the personal representative’s power to act; or
(4) The will or a statute provides otherwise.
(c) Persons dealing with a copersonal representative without knowledge that the copersonal representative is not the sole personal representative are as fully protected as if the person with whom they dealt had been the sole personal representative.