Md. Code, Est. & Trusts § 14.5-908
Current with changes from the 2024 Legislative Session, chs. 2--407, effective on or before 7/1/2024
Section 14.5-908 - Actions and claims against trustee(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.Added by 2014 Md. Laws, Ch. 585,Sec. 1, eff. 1/1/2015.