(a) In the absence of actual knowledge or of reasonable cause to inquire whether the guardian is improperly exercising the guardian’s power, a person dealing with the guardian need not inquire whether the guardian is exercising it properly, and is protected as if the guardian properly exercised the power, except that every person is charged with actual knowledge of any limitations endorsed on the letters of guardianship.
(b) A person need not see to the proper application of estate assets paid or delivered to a guardian.
Structure Maryland Statutes
Title 13 - Protection of Minors, Disabled Persons, Susceptible Adults, and Older Adults
Subtitle 2 - Protection of Property
Section 13-201 - Appointment of Guardian
Section 13-203 - Preservation and Application of Property
Section 13-204 - Authorization of Specific Transaction Without Appointment of Guardian
Section 13-205 - Effect of Adjudication
Section 13-206 - Guardian Generally
Section 13-207 - Persons Entitled to Appointment as Guardian
Section 13-208 - Bond of Guardian
Section 13-209 - Inventory and Accounting
Section 13-209.1 - Form and Limits of Guardianship Accounts
Section 13-210 - Petition for Orders Granting Relief
Section 13-211 - Procedure in Protective Proceedings
Section 13-212 - Degree of Care and Skill of Guardian
Section 13-214 - Powers and Duties of Guardian in Distribution
Section 13-215 - Limitation of Powers of Guardian Imposed by Will or Court
Section 13-216 - Liability for Breach of Fiduciary Duties; Rights of Purchasers
Section 13-218 - Compensation and Expenses of Guardian
Section 13-219 - Protection of Person Dealing With Guardian
Section 13-220 - Termination of Appointment of Guardian