Me. Stat. tit. 18-B § 1220

Current through 131st (2023-2024) Legislature Chapter 684
Section 1220 - Need to distribute not required

An authorized fiduciary may exercise the decanting power whether or not, under the first trust's discretionary distribution standard, the authorized fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise. [2021, c. 235, §1(NEW).]

18-B M.R.S. § 1220

Added by 2021SP1, c. 235,§ 1, eff. 10/18/2021.