§ 4-409. Legacy for charitable use

MD Est & Trusts Code § 4-409 (2019) (N/A)
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A legacy for charitable use may not be void because of an uncertainty with respect to the donees:

(1)    If the will making the legacy also contains directions for the formation of a corporation to take the legacy; and

(2)    (i)    If the legacy is immediate and not subject to a life estate, a corporation is formed in accordance with the directions, capable and willing to receive and administer the legacy, within 12 months from the probate of the will; or

(ii)    If the legacy is subject to a life estate, a corporation shall be formed at a time between probate of the will and the end of 12 months following the expiration of a life estate or life estates.