(a) Except as otherwise provided in the contract, a trustee is not personally liable on a contract properly entered into by the trustee in the fiduciary capacity of the trustee in the course of administering the trust if the trustee in the contract disclosed the fiduciary capacity.
(b) A claim based on a contract entered into by a trustee in the fiduciary capacity of the trustee, on an obligation arising from ownership or control of trust property, or on a tort committed in the course of administering a trust, may be asserted in a judicial proceeding against the trustee in the fiduciary capacity of the trustee, regardless of whether the trustee is personally liable for the claim.
Structure Maryland Statutes
Title 14.5 - Maryland Trust Act
Subtitle 9 - Liability of Trustees and Rights of Persons Dealing With the Trustee
Section 14.5-901 - Breach of Trust
Section 14.5-902 - Extent of Liability; Contribution
Section 14.5-904 - Limitation Period for Breach of Trust Action
Section 14.5-906 - Exculpatory Clauses Unenforceable
Section 14.5-907 - Consent, Release, or Ratification by Beneficiary
Section 14.5-908 - Actions and Claims Against Trustee
Section 14.5-909 - Protection of Persons Dealing With Trustees