MARVIN MANDEL, Governor 219
presently appears as Art. 75B, inclusive, as
attended by Maryland Laws. Sec. 14-208 (a—3),
the percentage of gross receipts, has been
changed from 27 1/2 percent to 22 percent as
an allowance tor depletion. This change is
made in order to comply with the federal
provisions. The effective date of the Act has
been changed to July 1, 1965. Sec. 14-215 has
been removed in view of the provisions of Art.
1, §23.
SUBTITLE 3. CHARITABLE TRUSTS.
14-301. GENERAL ENFORCEMENT.
(A) POWER OF COURT.
COURTS OF EQUITY HAVE FULL JURISDICTION TO ENFORCE
TRUSTS FOR CHARITABLE PURPOSES UPON SUIT OF THE STATE BY
THE ATTORNEY GENERAL OR SUIT OF ANY PERSON HAVING AN
INTEREST IN ENFORCEMENT OF THE TRUST.
(B) DEFINITION.
"CHARITABLE PURPOSES" INCLUDES ALL PURPOSES WITHIN
EITHER THE SPIRIT OR LETTER OF THE STATUTE OF 43
ELIZABETH CH. 4 (1601), COMMONLY KNOWN AS THE STATUTE OF
CHARITABLE [[TRUSTS]] USES.
(C) BENEFICIARIES AS AN INDEFINITE CLASS.
A CHARITABLE TRUST SHALL NOT BE HELD INVALID OR
UNENFORCEABLE MERELY BECAUSE THE BENEFICIARIES OF THE
TRUST CONSTITUTE AN INDEFINITE CLASS.
REVISOR'S NOTE: This section presently appears as
Art. 16, §195. The section is divided into
three subsections for organizational purposes.
The only other changes are in style and
language.
14-302. UNIFORM CHARITABLE TRUSTS ADMINISTRATION ACT.
(A) GENERAL RULE.
IF A TRUST FOR CHARITY IS OR BECOMES ILLEGAL, OR
IMPOSSIBLE OR IMPRACTICABLE Of ENFORCEMENT OR IF A DEVISE
OR BEQUEST FOR CHARITY, AT THE TIME IT HAS INTENDED TO
BECOME EFFECTIVE, IS ILLEGAL, OR IMPOSSIBLE OR
IMPRACTICABLE OF ENFORCEMENT, AND IF THE SETTLOR OR
TESTATOR MANIFESTED A GENERAL INTENTION TO DEVOTE THE
PROPERTY TO CHARITY, A COURT OF EQUITY, ON APPLICATION OF
ANY TRUSTEE, OR ANY INTERESTED PERSON, OR THE ATTORNEY
GENERAL OF THE STATE, MAY ORDER AN ADMINISTRATION OF THE
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