TITLE 18-B: TRUSTS
- Chapter 10: LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEE
- 18-B §1001. Remedies for breach of trust
- 18-B §1002. Damages for breach of trust
- 18-B §1003. Damages in absence of breach
- 18-B §1004. Attorney's fees and costs
- 18-B §1005. Limitation of action against trustee
- 18-B §1006. Reliance on trust instrument
- 18-B §1007. Event affecting administration or distribution
- 18-B §1008. Exculpation of trustee
- 18-B §1009. Beneficiary's consent, release or ratification
- 18-B §1010. Limitation on personal liability of trustee
- 18-B §1011. Interest as general partner
- 18-B §1012. Protection of person dealing with trustee
- 18-B §1013. Certification of trust
- Chapter 11: MISCELLANEOUS PROVISIONS
- Chapter 1: GENERAL PROVISIONS AND DEFINITIONS
- 18-B §101. Short title
- 18-B §102. Scope
- 18-B §103. Definitions
- 18-B §104. Knowledge
- 18-B §105. Default and mandatory rules
- 18-B §106. Common law of trusts; principles of equity
- 18-B §107. Governing law
- 18-B §108. Principal place of administration
- 18-B §109. Methods and waiver of notice
- 18-B §110. Others treated as qualified beneficiaries
- 18-B §111. Nonjudicial settlement agreements
- 18-B §112. Rules of construction
- Chapter 2: JUDICIAL PROCEEDINGS
- Chapter 3: REPRESENTATION
- 18-B §301. Representation; basic effect
- 18-B §302. Representation by holder of general testamentary power of appointment
- 18-B §303. Representation by fiduciaries and parents
- 18-B §304. Representation by person having substantially identical interest
- 18-B §305. Appointment of representative
- Chapter 4: CREATION, VALIDITY, MODIFICATION AND TERMINATION OF TRUST
- 18-B §401. Methods of creating trust
- 18-B §402. Requirements for creation
- 18-B §403. Trusts created in other jurisdictions
- 18-B §404. Trust purposes
- 18-B §405. Charitable purposes; enforcement
- 18-B §406. Creation of trust induced by fraud, duress or undue influence
- 18-B §407. Evidence of oral trust
- 18-B §408. Trust for care of animal
- 18-B §409. Noncharitable trust without ascertainable beneficiary
- 18-B §410. Modification or termination of trust; proceedings for approval or disapproval
- 18-B §411. Modification or termination of noncharitable irrevocable trust by consent
- 18-B §412. Modification or termination because of unanticipated circumstances or inability to administer trust effectively
- 18-B §413. Cy pres
- 18-B §414. Modification or termination of uneconomic trust
- 18-B §415. Reformation to correct mistakes
- 18-B §416. Modification to achieve settlor's tax objectives
- 18-B §417. Combination and division of trusts
- Chapter 5: CREDITOR'S CLAIMS; SPENDTHRIFT AND DISCRETIONARY TRUSTS
- 18-B §501. Rights of beneficiary's creditor or assignee
- 18-B §502. Spendthrift provision
- 18-B §503. Exceptions to spendthrift provision
- 18-B §504. Discretionary trusts; effect of standard
- 18-B §505. Creditor's claim against settlor
- 18-B §506. Overdue distribution
- 18-B §507. Personal obligations of trustee
- Chapter 6: REVOCABLE TRUSTS
- Chapter 7: OFFICE OF TRUSTEE
- 18-B §701. Accepting or declining trusteeship
- 18-B §702. Trustee's bond
- 18-B §703. Cotrustees
- 18-B §704. Vacancy in trusteeship; appointment of successor
- 18-B §705. Resignation of trustee
- 18-B §706. Removal of trustee
- 18-B §707. Delivery of property by former trustee
- 18-B §708. Compensation of trustee
- 18-B §709. Reimbursement of expenses
- Chapter 8: DUTIES AND POWERS OF TRUSTEE
- 18-B §801. Duty to administer trust
- 18-B §802. Duty of loyalty
- 18-B §803. Impartiality
- 18-B §804. Prudent administration
- 18-B §805. Costs of administration
- 18-B §806. Trustee's skills
- 18-B §807. Delegation by trustee
- 18-B §808. Powers to direct
- 18-B §809. Control and protection of trust property
- 18-B §810. Record keeping and identification of trust property
- 18-B §811. Enforcement and defense of claims
- 18-B §812. Collecting trust property
- 18-B §813. Duty to inform and report
- 18-B §814. Discretionary powers; tax savings
- 18-B §815. General powers of trustee
- 18-B §816. Specific powers of trustee
- 18-B §817. Distribution upon termination
- Chapter 9: MAINE UNIFORM PRUDENT INVESTOR ACT
- 18-B §901. Prudent investor rule
- 18-B §902. Standard of care; portfolio strategy; risk and return objectives
- 18-B §903. Diversification
- 18-B §904. Duties at inception of trusteeship
- 18-B §905. Investment costs
- 18-B §906. Language invoking standard of chapter
- 18-B §907. Uniformity of application and construction
- 18-B §908. Short title