§ 4-409

Md. Code, Estates and Trusts § 4-409, under Article — Estates and Trusts.

Md. Code, Estates and Trusts § 4-409

A legacy for charitable use may not be void because of an uncertainty with respect to the donees:

(1) If the will making the legacy also contains directions for the formation of a corporation to take the legacy; and

(2) (i) If the legacy is immediate and not subject to a life estate, a corporation is formed in accordance with the directions, capable and willing to receive and administer the legacy, within 12 months from the probate of the will; or

(ii) If the legacy is subject to a life estate, a corporation shall be formed at a time between probate of the will and the end of 12 months following the expiration of a life estate or life estates.