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Subcommittee considers trust-decanting bill, votes to report it unfavorably

2308978 · February 13, 2025
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Summary

Members reviewed House Bill 88, tied to the Maryland trust decanting act, heard testimony from the State Bar and banking representatives, and moved an unfavorable report; the motion was approved during the session.

The Civil Law Subcommittee considered House Bill 88, which relates to provisions of the Maryland trust decanting act, heard testimony from legal and banking representatives, and moved to give the bill an unfavorable report.

Chairman Delegate Carden described…

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