§ 14-606
181 words·~1 min read·
/md/estates-and-trusts/14-606A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§14–606.
On application of an authorized fiduciary or a person entitled to receive notice under § 14–605 of this subtitle, a court may:
(1)Determine whether a proposed or attempted exercise of the decanting power is allowed under this subtitle and consistent with the fiduciary duties of the authorized fiduciary;
(2)Appoint a special fiduciary and authorize the special fiduciary to determine whether the decanting power should be exercised and to exercise the decanting power;
(3)Approve the exercise of the decanting power;
(4)Determine that the proposed or attempted exercise of the decanting power is ineffective:
(i)Due to a failure to comply with the provisions of this subtitle;
(ii)As an abuse of the authorized fiduciary’s discretion; or
(iii)As a breach of the authorized fiduciary’s fiduciary duties;
(5)Determine the extent to which § 14–619 of this subtitle applies to a prior exercise of the decanting power;
(6)Determine the application of § 14–619 of this subtitle to a prior exercise of the decanting power; or
(7)Order other relief to carry out the purposes of this title.