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Session Laws, 1937
Volume 412, Page 877   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 877

into Court, or place in bank, or invest in bank or other incor-
porated stock, or any other good security, any money or funds
received by such administrator or guardian; and the Court
shall direct the manner and form in which such money or
funds shall be placed in bank or invested, and the same shall
at all times be subject to the order and control of the Court;
and if the administrator or guardian shall not, within a rea-
sonable time to be fixed by the Court, comply with the order,
his administration or guardianship may be revoked; provided,
however, that no administrator or guardian shall be liable for
loss because of any deposit of any money or funds in bank,
provided said administrator or guardian shall exercise due
care in the selection of the depository, and in the deposit of
said money or funds received by such administrator or guar-
dian.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1937.

Approved May 18, 1937.

CHAPTER 443.

AN ACT to add a new section to Article 93 of the Annotated
Code of Maryland (1924 Edition), title "Testamentary
Law", sub-title "Orphans' Court", said new section to be
known as Section 255A, and to follow immediately after
Section 255 of said Article, relating to the removal of an
Executor, Administrator or Guardian who leaves the State,
and neglects his duty as such fiduciary.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That a new section be and it is hereby added to Article
93 of the Annotated Code of Maryland (1924 Edition), title
"Testamentary Law", sub-title "Orphans' Court", said new
section to be known as Section 255A, to follow immediately
after Section 255 of said Article, and to read as follows:

255A. The Orphans' Court may, upon the suggestion of any
party in interest, including a creditor, or of the Register of
Wills, remove an Executor, Administrator or Guardian, who
shall have left the State and have failed in any of his duties
required to be performed by him as such Executor, Adminis-
trator or Guardian; provided, however, that no order to this
effect shall be passed until after two non ests to a citation to
appear in court and to show cause and provided further, that
copies of each of the two notices to appear, shall be sent to

 

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Session Laws, 1937
Volume 412, Page 877   View pdf image (33K)
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