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Maryland Code, Estates and Trusts § 4-409

Current as of January 01, 2025 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Maryland Code, Estates and Trusts § 4-409 - last updated January 01, 2025 | https://codes.findlaw.com/md/estates-and-trusts/md-code-est-and-trst-sect-4-409/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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