Ch. 3

1995 LAWS OF MARYLAND

The terms and conditions established under this subsection may provide for proving
death, avoiding or resolving any problems concerning fractional shares, designating
primary and contingent beneficiaries, and substituting a named beneficiary's descendants
to take in the place of the named beneficiary in the event of the beneficiary's death.
Substitution may be indicated by appending to the name of the primary beneficiary the
letters LDPS, standing for "lineal descendants per stirpes[."]". This designation
substitutes a deceased beneficiary's descendants who survive the owner for a beneficiary
who fails to so survive, the descendants to be identified and to share in accordance with
the law of the beneficiary's domicile at the owner's death governing inheritance by
descendants of an intestate. Other forms of identifying beneficiaries who are to take on
one or more contingencies, and rules for providing proofs and assurances needed to
satisfy reasonable concerns by registering entities regarding conditions and identities
relevant to accurate implementation of registrations in beneficiary form, may be
contained in a registering entity's terms and conditions.

DRAFTER'S NOTE:

Error: Grammatical error and incorrect punctuation in § 16-110(a) of the
Estates and Trusts Article.

Occurred: Ch. 644, Acts of 1994. Correction by the Michie Company in the
1994 Cumulative Supplement to the 1991 Replacement Volume of the Estates
and Trusts Article is validated by this Act.

Title 16. MARYLAND Uniform Transfer-on-Death (TOD) Security Registration Act

16-111.

(a) This title may be cited as the MARYLAND Uniform TOD Security
Registration Act.

DRAFTER'S NOTE:

Error: Incorrect reference in the title designation of Title 16 of the Estates
and Trusts Article and stylistic error in § 16-111(a) of the Estates and Trusts
Article.

Occurred: Ch. 644, Acts of 1994.

Article - Family Law

5-311.

(c) (1) Except as. provided in paragraph (2) of this subsection, within 30
calendar days after the required consent to an adoption is [signed] SIGNED, the
individual or agency executing the consent may revoke the consent.

DRAFTER'S NOTE:

Error: Omitted comma in § 5-311(c)(1) of the Family Law Article.
Occurred: Ch. 234, Acts of 1994.

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