Increasing, from in excess of $10,000 to in excess of $25,000, the threshold amount for certain transfers by a personal representative, trustee, or conservator as a custodian for the benefit of a minor to require authorization by a court.

Statutes affected:
Text - First - Maryland Uniform Transfers to Minors Act - Transfers as Custodian for the Benefit of a Minor - Authorization of Court: 13-306 Estates and Trusts
Text - Third - Maryland Uniform Transfers to Minors Act - Transfers as Custodian for the Benefit of a Minor - Authorization of Court: 13-306 Estates and Trusts