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Md. Code, Est. & Trusts § 14.5-901 : ESTATES AND TRUSTS — MARYLAND TRUST ACT — LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH THE TRUSTEE —901 - Breach of trust
(a)(1) A violation by a trustee of a duty the trustee owes to a beneficiary is a breach of trust.
(2) A breach of trust under this subsection may occur by reason of an action or by reason of a failure to act.
(b) To remedy a breach of trust by the trustee that has occurred or may occur, the court may:
(1) Compel the trustee to perform the duties of the trustee;
(2) Enjoin the trustee from committing a breach of trust;
(3) Compel the trustee to redress a breach of trust by paying money, restoring property, or other means;
(4) Order a trustee to account;
(5) Appoint a special fiduciary to take possession of the trust property and administer the trust;
(6) Suspend the trustee;
(7) Remove the trustee as provided in §
14.5-706 of this title;
(8) Reduce or deny compensation to the trustee;
(9) Subject to §
14.5-909 of this subtitle, void an act of the trustee, impose a lien or a constructive trust on trust property, or trace trust property wrongfully disposed of and recover the property or proceeds from the property; or
(10) Order other appropriate relief.
Md. Code, ET § 14.5-901
Added by 2014 Md. Laws, Ch. 585,Sec. 1, eff. 1/1/2015.
SECTIONS
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