Ch. 6

LAWS OF MARYLAND

$250,000;

(3)  Three twentieths of one percent on the next
[$500,000,] $500,000; and

(4)  One tenth of one percent upon any excess. Corpus
commissions shall be paid out of and chargeable against the
corpus.

If a trust terminates, with respect to all or any part of
the corpus held in trust in the course of any year, the
commission for that year shall be reduced or prorated according
to the part of the year elapsed and the amount of corpus as to
which the trust terminates, and be chargeable, for such part of a
year (and with respect to any such part of the corpus) at such
termination of the trust, upon the then value of the corpus.

DRAFTER'S NOTE:

Error: Erroneous and omitted punctuation and
conjunction omitted in § 14-103(b) and (c) of the
Estates and Trusts Article.

Occurred: Ch. 11, Acts of 1974.

(g) (2) A trustee shall file a schedule of rates under this
subsection as follows:

(i) For A savings and loan association, with
the State Director of the Division of Savings and Loan
Associations;

(ii) For all other trustees, including
attorneys and State chartered and national banks, with the State
Bank [Commissioner.] COMMISSIONER; AND                     

(iii) For a trustee administering an estate
under the jurisdiction of a court, also with the trust clerk of
the court.

DRAFTER'S NOTE:

Error: Erroneous punctuation and omitted words in §
14-103(g)(2) of the Estates and Trusts Article.

Occurred: Ch. 162, Acts of 1987.

Article - Family Law

2-404.

(j) In Anne Arundel County:

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