1736                            Laws of Maryland                      [Ch. 786

heir, by delivering to the Register with a copy to the personal rep-
resentative, a written renunciation. Unless the decedent or donee
of a power of appointment has otherwise provided, the property or
part thereof or interest therein renounced and any future interest
which is to take effect in possession or enjoyment at or after the
termination of the interest renounced, shall be distributed as if the
person so renouncing had died intestate immediately before the de-
cedent, or, if the person so renouncing was designated to take pur-
suant to a power of appointment exercised by a testamentary in-
strument, then as if the person so renouncing had died immediately
before the donee of the power. In every case the renunciation shall
relate back for all purposes to the date of death of the decedent or
donee, as the case may be. Creditors of the renouncing legatee or
heir have no interest in the property renounced, whether their claims
are based on contract, tort, tax obligations or otherwise.

9-109.

(a)    Money.—Whenever money is distributable by a personal
representative to a minor and there is no legally appointed and quali-
fied guardian of the property of the minor, the court may order that
such cash shall be deposited in any banking institution or insured
savings and loan association formed under the laws of this State
or in this State under the laws of the United States to be named in
the order, in which it may draw interest, in the name of the minor,
subject to the further order of the court. The personal representative
shall deliver the account book to such person (including the register)
as the personal representative with the approval of the court deems
responsible and appropriate. When the minor reaches the age of 21,
or a guardian is appointed the funds so deposited and the account
book shall be delivered to the minor, or to such guardian.

(b)    Appointment of custodian.—In addition to the procedures
in subsection (a), whenever a personal representative is required to
distribute any property included within the definition of "custodial
property" as defined in Article 93A, Section 301 (e) the personal rep-
resentative, with the approval of the court, may transfer such prop-
erty to a custodian who shall hold or dispose of the property in
accordance with the provisions of the Maryland Uniform Gifts to
Minors Act. The personal representative shall, subject to the ap-
proval of the court, designate the custodian, who shall be an adult,
a guardian of the minor, or a trust company as defined in Article
93A, Section 301 (a), (h) and (p).

(c)    Tangible personal property.—Whenever a personal repre-
sentative must distribute tangible personal property to a minor and
there is no guardian of the minor, the personal representative
[shall] may distribute the same to such person as the personal rep-
resentative with the approval of the court, deems responsible and
appropriate, and under the conditions set forth in the order of the
court.

(d)    Guardian.—Where a guardian has been appointed for a
minor, payment may be made to such guardian upon the filing of an
authenticated copy of his authority pursuant to 28 U.S.C.A. §1738.

(e)    Other.—In addition to the procedures set forth above, the
personal representative may make any distribution to a minor in