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Session Laws, 2003
Volume 799, Page 2019   View pdf image
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ROBERT L. EHRLICH, JR., Governor

Ch. 233

CHAPTER 233
(Senate Bill 310)

AN ACT concerning

Estates - Modified Administration - Final Report and Distribution -

Extension

FOR the purpose of providing that the initial time periods for filing a final report and
for making distribution of an estate in a modified administration of the estate
are extended for a certain period on consent for extension by certain persons
under certain circumstances; altering the time requirement for making
distribution of an estate in a modified administration of the estate for purposes
of a requirement that a modified administration be revoked if distribution is not
made within a certain time; providing for the application of this Act; and
generally relating to an extension of the time periods for filing a final report and
for making final distribution of an estate in a' modified administration of the
estate.

BY repealing and reenacting, with amendments,
Article - Estates and Trusts
Section 5-703 and 5-708(a)(5)
Annotated Code of Maryland
(2001 Replacement Volume and 2002 Supplement)

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

Article - Estates and Trusts

5-703.

(A)     THE INITIAL TIME PERIODS FOR FILING A FINAL REPORT AND FOR
MAKING DISTRIBUTION TO EACH LEGATEE AND HEIR ARE EXTENDED FOR 90 DAYS
ON A CONSENT FOR EXTENSION OF THE TIME PERIODS SIGNED BY THE PERSONAL
REPRESENTATIVE AND EACH INTERESTED PERSON AND FILED WITHIN 10 MONTHS
FROM THE DATE OF APPOINTMENT.

(B)     A register of wills or a court may not extend the time periods established
under this subtitle.

5-708.

(a) A modified administration shall be revoked by the:

(5) Failure to timely file the final report under modified administration
and make TIMELY distribution [within 12 months from the date of appointment]; or

- 2019 -

 

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Session Laws, 2003
Volume 799, Page 2019   View pdf image
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