§ 14.5-110. Qualified beneficiaries.

MD Est & Trusts Code § 14.5-110 (2019) (N/A)
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(a)    Whenever notice to qualified beneficiaries of a trust is required under this title, the trustee shall also give notice to any other beneficiary that has sent the trustee a request for notice.

(b)    A charitable organization expressly designated to receive distributions under the terms of a charitable trust has the rights of a qualified beneficiary under this title if the charitable organization on the date the qualification of the charitable organization is being determined:

(1)    Is a distributee or permissible distributee of trust income or principal;

(2)    Would be a distributee or permissible distributee of trust income or principal on the termination of the interests of other distributees or permissible distributees then receiving or eligible to receive distributions; or

(3)    Would be a distributee or permissible distributee of trust income or principal if the trust terminated on that date.

(c)    A person appointed to enforce a trust created for the care of an animal as provided in § 14.5–407 of this title or another noncharitable purpose as provided in § 14.5–408 of this title has the rights of a qualified beneficiary under this title.

(d)    The State’s Attorney General has the rights of a qualified beneficiary with respect to a charitable trust having the principal place of administration of the charitable trust in this State.