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Session Laws, 1969
Volume 692, Page 128   View pdf image
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126                               LAWS OF MARYLAND                           [CH. 4

the money to the minor upon the minor's attainment of his twenty-
first birthday or to pay the money to the executor or administrator
of the minor's estate upon the death of the minor prior to attain-
ment of his twenty-first birthday. Payment by any such institution
or association in accordance with the order of the court, or to a
minor on or after his attaining his twenty-first birthday, or to the per-
sonal representative of a minor's estate on or after the death of the
minor prior to his attaining his twenty-first birthday, shall be a
complete discharge of such institution's or association's liability
with respect to the money so paid.

404.    Petition to court for withdrawal; inquiry, showing required.

A trustee shall file a petition for withdrawal of any of the minor's
money in the county where the money is on deposit, and said peti-
tion may be filed in the original court action in which the money
was recovered or in a court of equity. The petition shall be under
oath, and shall state in detail the purposes for which the withdrawal
of the money is desired. Upon receiving a petition, the court shall
make such inquiry as it deems necessary before granting or denying
the petition in whole or in part, except that if the money is desired
for any purpose other than to further the education of the minor,
including reasonable expenditures for room and board, the court
shall require a strong showing of necessity by the trustee in a hear-
ing before the court.

405.    Filing petition when trustee is deceased or fails or refuses to
do so.

If the trustee is deceased, or if it appears to any responsible adult
that the trustee has failed and/or refused to discharge his duty to
file a petition under Section 404, then any responsible adult may file
the petition required under Section 404, and set out, in addition to
the facts required under Section 404, the facts with respect to the
trustee's decease or failure or refusal to discharge his duty. A peti-
tion filed under this section shall include a prayer for the discharge
of the trustee and the appointment of another trustee.

406.    Contents of court's order; attorney's fee; no fee or commission
to trustee.

In its order upon a petition, the court may direct the institution
where the minor's funds are on deposit to make its check to the or-
der of: (1) The trustee for the use of the minor; or (2) the person,
firm, or organization which has performed or is to perform a service
for or furnish goods to the minor. The court may also direct pay-
ment of a reasonable attorney's fee, and the costs of the proceed-
ings, but may not in any event direct or provide for the payment of
any fees or commissions to the trustees.

407.    Trustee not required to file accounts.

The trustee hereunder is not required to file with any court any
accounts of his trusteeship.<