(a) In the absence of actual knowledge or of reasonable cause to inquire as to whether a trustee is improperly exercising the trustee’s power, a person dealing with a trustee need not inquire whether a trustee is properly exercising the power of the trustee and is protected as if the trustee properly exercised the power.
(b) A person need not see to the proper application of trust assets paid or delivered to a trustee.
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