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Session Laws, 1988
Volume 770, Page 1855   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                      Ch. 77

BY repealing and reenacting, with amendments,

Article - Estates and Trusts

Section 13-406

Annotated Code of Maryland

(1974 Volume and 1987 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Estates and Trusts

13-406.

(a)  A trustee shall file a petition for withdrawal of any
of the money of the minor in the original court action or in the
equity court in the county where the money is on deposit.

(b)  The petition shall be verified and state in detail the
purposes for which the withdrawal of the money is desired. Upon
receiving a petition, the court shall make any inquiry necessary
before granting or denying the petition in whole or in part.

(c)  If money is desired for any purpose other than to PAY
FOR MEDICAL EXPENSES OF THE MINOR, OR TO further the education of
the minor, including reasonable expenditures for room and board,
OR MEDICAL EXPENSES, the court shall require a strong showing of
necessity by the trustee in a hearing.

(d)  If the trustee dies or is discharged, a petition filed
under this section shall include a prayer for the appointment of
another trustee.

(e)  In its order upon a petition, the court may direct the
institution where the funds of the minor are on deposit to make
its check to the order 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.

(f)  The court also may direct payment of a reasonable fee
for an attorney and the costs of the proceedings, but may not in
any event direct or provide for the payment of any fees or
commissions to the trustee.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1988.

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Session Laws, 1988
Volume 770, Page 1855   View pdf image
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