The receipt and release of a foreign fiduciary to whom property is transferred, pursuant to a court order under the Maryland Rules, is a good and sufficient release to the fiduciary transferring the property.
Structure Maryland Statutes
Subtitle 1 - General Provisions
Section 15-102 - Powers of a Fiduciary
Section 15-103 - Securities Under Reorganization
Section 15-104 - Fiduciary Authorized to Deposit Securities With Securities Clearing Corporation
Section 15-105 - Agreement of Fiduciary and Surety for Deposit of Assets
Section 15-106 - Lawful Investments
Section 15-107 - Survival of Power When Right Given One or More Fiduciaries
Section 15-108 - Protection When Distribution Made in Conformity With Order of Court
Section 15-109 - Release of Fiduciary to Whom Property Transferred by Another
Section 15-110 - Enforcement of Order to Give Countersecurity
Section 15-111 - Resignation of Fiduciary
Section 15-112 - Removal of Fiduciary
Section 15-113 - Joint and Several Liability of Trust Company Affiliates
Section 15-114 - Guidelines and Standards for Investment of Assets
Section 15-115 - Corporations That Act as Fiduciaries Not Liable as Sureties