Section 13-407 – Trustee Not Required to File Accounts
The trustee provided for in this subtitle need not file any accounts of trusteeship with any court.
Section 13-501 – Payment or Delivery of Money or Chattels
(a) (1) Any person, including but not limited to a personal representative or trustee, who is under a duty to pay or deliver money or tangible personal property to a minor may perform the duty by paying or delivering the money or chattel to the guardian of the minor. (2) If there is no guardian, or if the […]
Section 13-502 – Deposit of Money Distributable From Trust, Estate, or Other Source
(a) If money is distributable from a trust or estate or from any other source to a minor and there is no legally appointed guardian of the property of the minor, the circuit court of the county in which the minor resides or the court in which the estate is being administered may order that the […]
Section 13-503 – Powers Exercisable Directly by Minors
(a) (1) A minor who holds title to property as a tenant by the entirety with a spouse who has reached the age of majority is authorized to join with the spouse in any deed as defined in § 1–101 of the Real Property Article, note, or financing statement in the same manner and effect as an […]
Section 13-504 – Release of Financial Institution
The receipt or acquittance of any minor who is the sole owner of or is a party to any account with the right to withdraw funds in a financial institution, as defined in § 13-301(h) of this title is a valid and sufficient release and discharge of the institution for any payment to the minor […]
Section 13-602 – Purposes of Subtitle
The purposes of this subtitle are to: (1) Establish a separate and distinct civil cause of action by a victim, or a representative of the victim, of financial exploitation; (2) Provide a path to redress financial exploitation through the recovery of property and assets taken from victims while discouraging protracted litigation; (3) Provide access to justice for victims […]
Section 13-603 – Subtitle Inapplicable to Actions Taken by Certain Entities
This subtitle does not apply to an act taken by: (1) Any state or federal bank, trust company, credit union, or savings and loan association; or (2) A subsidiary or affiliate of an institution described in item (1) of this section.
Section 13-604 – Actions Brought for Financial Exploitation of Susceptible Adult or Older Adult
A susceptible adult or older adult who has been subjected to financial exploitation in the State or, in accordance with § 13–605 of this subtitle, a person acting on the susceptible adult’s or older adult’s behalf may bring a cause of action against a person who has committed financial exploitation against the susceptible adult or […]
Section 13-323 – Construction of Subtitle
(a) This subtitle shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this subtitle among states enacting it. (b) This subtitle may not be construed as providing an exclusive method for making transfers to minors.
Section 13-605 – Actions Brought by Susceptible Adults or Older Adults or by Certain Individuals in Representative Capacities — Action Additional to Other Claims and Survives Death of Aggrieved Party
(a) An action may be brought under this subtitle by a susceptible adult or older adult or by a person serving in one or more of the following representative capacities for a susceptible adult or older adult: (1) An attorney in fact, guardian, trustee, or other fiduciary acting on behalf of the susceptible adult or older adult, […]