Maine Revised Statutes
Chapter 12: MAINE UNIFORM TRUST DECANTING ACT
18-B §1220. Need to distribute not required

§1220. Need to distribute not required
An authorized fiduciary may exercise the decanting power whether or not, under the first trust's discretionary distribution standard, the authorized fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise.   [PL 2021, c. 235, §1 (NEW).]
SECTION HISTORY
PL 2021, c. 235, §1 (NEW).

Structure Maine Revised Statutes