(a) On proof of an unsecured claim that will become due at some future time, and that has not been compromised pursuant to § 7–401 of this article or authority conferred by the will, the court shall direct the investment of an amount that will provide for the payment of the claim when it becomes due.
(b) When a creditor holds a security for an allowable claim due at some future time the creditor may rely on the creditor’s rights under § 8–111 of this subtitle or may file a claim as an unsecured claim not yet due, with the right of withdrawing the claim before the taking of action on it, and rely on the creditor’s rights as provided in § 8–111 of this subtitle after the withdrawal.
Structure Maryland Statutes
Section 8-101 - Claim Not Paid in Normal Course of Administration
Section 8-102 - Effect of Statute of Limitations
Section 8-103 - Limitation on Presentation of Claim
Section 8-104 - Manner of Presentation of Claim; Form
Section 8-105 - Order of Payment
Section 8-106 - Funeral Expenses
Section 8-107 - Allowance of Claim
Section 8-108 - Payment of Claim
Section 8-109 - Liability of Personal Representative
Section 8-110 - Claim Not Yet Due
Section 8-112 - Contingent Claim
Section 8-114 - Execution and Levy Prohibited
Section 8-115 - Exemption of Proceeds of Life Insurance and Other Benefits