§ 14.5-404
48 words·~1 min read·
/md/estates-and-trusts/14-5-404A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§14.5–404.
(a)A trust may be created only to the extent that the purposes of the trust are lawful, not contrary to public policy, and possible to achieve.
(b)A trust and the terms of the trust shall be for the benefit of the beneficiaries of the trust.