Volume 773, Page 3582 View pdf image |
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S.B. 442 VETOES assets in accordance with the Prudent Investor Rule and would provide guidelines and House Bill 825, which was passed by the General Assembly and signed by me on May 26, Sincerely, William Donald Schaefer Governor Senate Bill No. 442 AN ACT concerning Estates and Trusts - Fiduciaries - Prudent Investor Rule FOR the purpose of establishing a prudent investor standard in this State to govern the BY adding to Article - Estates and Trusts Section 15-101(k) and 15-114 Annotated Code of Maryland BY repealing and reenacting, with amendments, SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF Article - Estates and Trusts 15-101. (K) "TRUST COMPANY" HAS THE MEANING STATED IN § 1-101 OF THIS 15-114. - 3582 -
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Volume 773, Page 3582 View pdf image |
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