Maryland Statutes
Subtitle 9 - Liability of Trustees and Rights of Persons Dealing With the Trustee
Section 14.5-902 - Extent of Liability; Contribution

(a)    A trustee that commits a breach of trust is liable to the beneficiaries affected by the breach for the greater of:
        (1)    The amount required to restore the value of the trust property and trust distributions to what they would have been had the breach not occurred; or
        (2)    The profit the trustee made by reason of the breach.
    (b)    (1)    Except as otherwise provided in this subsection, if more than one trustee is liable to the beneficiaries for a breach of trust, a trustee is entitled to contribution from the other trustee or trustees that are also liable.
        (2)    A trustee that received a benefit from a breach of trust under this subsection is not entitled to contribution from another trustee to the extent of the benefit received.

Structure Maryland Statutes