Personal obligations of trustee

  1. Law
  2. Maine Revised Statutes
  3. TRUSTS
  4. MAINE UNIFORM TRUST CODE
  5. CREDITOR'S CLAIMS; SPENDTHRIFT AND DISCRETIONARY TRUSTS
  6. Personal obligations of trustee

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§507. Personal obligations of trustee

Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.   [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]

SECTION HISTORY

PL 2003, c. 618, §A1 (NEW). PL 2003, c. 618, §A2 (AFF).


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