HARRY HUGHES, Governor                               1907

CHAPTER 462

(House Bill 1598)

AN ACT concerning

Estates and Trusts - Bond
of the Personal Representative

FOR the purpose of specifying that a National Banking
Association is not required to give a bond when serving
as a personal representative.

BY repealing and reenacting, with amendments,

Article - Estates and Trusts
Section 6-102(c)
Annotated Code of Maryland
(1974 Volume and 1980 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article - Estates and Trusts

6-102.

(c) (1) A NATIONAL BANKING ASSOCIATION OR [A] A trust
company, AS DEFINED IN THE FINANCIAL INSTITUTIONS ARTICLE,
serving as a personal representative is not required to give
a bond.

(2) A bond shall not be required for any period
following the final approval of the final administration
account.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1981.

Approved May 12, 1981.

CHAPTER 463
(House Bill 1615)
AN ACT concerning