Legislation
ARTICLE 3-A
Definition and Enforcement of Trusts
Lien (LIE) CHAPTER 33
ARTICLE 3-A
DEFINITION AND ENFORCEMENT OF TRUSTS
Section 70. Definition of trusts.
71. Purpose of the trust; "trust claims"; "beneficiaries."
71-a. Further trust of funds received or receivable by owner
under executory contract for the sale and improvement of
real property.
72. Diversion of trust funds.
73. Affirmative defense in action against transferee of trust
assets or to charge trustee in certain cases; "Notice of
Lending."
74. Authority of trustee in administering trust funds.
75. Deposit of funds of trust; books or records to be kept.
76. Right of beneficiaries to examine books or records and
make copies, or to receive statement.
77. Action to enforce trust.
78. Relief after judgment on obligation constituting trust
claim.
79. Liens not affected.
79-a. Misappropriation of funds of trust.
DEFINITION AND ENFORCEMENT OF TRUSTS
Section 70. Definition of trusts.
71. Purpose of the trust; "trust claims"; "beneficiaries."
71-a. Further trust of funds received or receivable by owner
under executory contract for the sale and improvement of
real property.
72. Diversion of trust funds.
73. Affirmative defense in action against transferee of trust
assets or to charge trustee in certain cases; "Notice of
Lending."
74. Authority of trustee in administering trust funds.
75. Deposit of funds of trust; books or records to be kept.
76. Right of beneficiaries to examine books or records and
make copies, or to receive statement.
77. Action to enforce trust.
78. Relief after judgment on obligation constituting trust
claim.
79. Liens not affected.
79-a. Misappropriation of funds of trust.