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2007 Laws of Maryland
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Ch. 154
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[(b)] (E) (D) Any person who violates [any provision] SUBSECTION (A) of this
section is guilty of a misdemeanor and on conviction is subject to a fine not exceeding
$3,000 or imprisonment not exceeding 5 years or both.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 2007.
Approved by the Governor, April 24, 2007.
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CHAPTER 155
(Senate Bill 434)
AN ACT concerning
Estates and Trusts - Disclaimers
FOR the purpose of establishing that creditors of a disclaimant have no interest in
property disclaimed under the Maryland Uniform Disclaimer of Property
Interests Act; altering a provision providing for the validity of a disclaimer that
is not filed, recorded, or registered; and generally relating to the Maryland
Uniform Disclaimer of Property Interests Act.
BY repealing and reenacting, with amendments,
Article - Estates and Trusts
Section 9-202(f) and 9-212(b)
Annotated Code of Maryland
(2001 Replacement Volume and 2006 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Estates and Trusts
9-202.
(f) (1) A disclaimer made under this subtitle is not a transfer,
assignment, or release.
(2) CREDITORS OF THE DISCLAIMANT HAVE NO INTEREST IN THE
PROPERTY DISCLAIMED.
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- 1290 -
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