§ 5-704. Proceedings after filing election; after-discovered property.

MD Est & Trusts Code § 5-704 (2019) (N/A)
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(a)    After filing an election for modified administration, the personal representative shall:

(1)    File a verified final report under modified administration no later than 10 months from the date of appointment instead of filing a formal inventory and account; and

(2)    On the request of any interested person, provide a formal inventory and account, as required under Title 7 of this article, to all interested persons.

(b)    If the personal representative discovers property of the decedent after the time for filing a verified final report required by subsection (a) of this section, the personal representative shall:

(1)    File a verified final report under modified administration with respect to the after–discovered property within 60 days of the discovery of the property; and

(2)    Make final distribution of the after–discovered property within 90 days of the discovery of the property.