United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 18-B, § 2112: Application to cotrustee, 2019

A trust’s terms may relieve a cotrustee from duty and liability for another cotrustee’s exercise or nonexercise of power.

fiduciary dutiestrust administration

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01

Purpose and legislative effect

“A trust’s terms may relieve a cotrustee from duty and liability for another cotrustee’s exercise or nonexercise of power.”

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    Enacted 2019 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Application to cotrustee

A trust’s terms may relieve a cotrustee from duty and liability for another cotrustee’s exercise or nonexercise of power.

Section 2112

04

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Source record from legislature.maine.gov · Enacted 2019 · Source version 1 Oct 2025

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Showing 1 of 1 provisions

Provision
§ 2112Application to cotrusteeProvision

A trust’s terms may relieve a cotrustee from duty and liability for another cotrustee’s exercise or nonexercise of power.

The terms of a trust may relieve a cotrustee from duty and liability with respect to another cotrustee's exercise or nonexercise of a power of the other cotrustee to the same extent that in a directed trust a directed trustee is relieved from duty and liability with respect to a trust director's power of direction under sections 2109 to 2111. [PL 2019, c. 301, §8 (NEW).]
Section 2112Verify source

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  • 1 Oct 2025 · currentEnglish

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