{"data":{"id":"us-md/md.-code-estates-and-trusts-4-405","jurisdiction":"us-md","citation":"Md. Code, Estates and Trusts § 4–405","heading":"","body":"Unless a contrary intent is expressly indicated in the will, a specific legacy includes additional or substituted securities if:\n(1) Securities are the subject of a specific legacy;\n(2) After the execution of the will other securities of the same or another entity are distributed to the testator because of the testator’s ownership of the original securities, whether as a result of a partial liquidation, stock dividend, stock split, merger, consolidation, reorganization, recapitalization, redemption, exchange, or other transaction; and\n(3) The securities are part of the estate of the testator at the time of the testator’s death.","path":["Article - Estates and Trusts"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=get\u0026section=4-405","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:07Z","sha256":"55e4e6641a3794ea95968a16d5864734e8052994c5bdec67017f78e0a2146cb0","source_id":"us-md","stale":false,"prev":"us-md/md.-code-estates-and-trusts-4-404","next":"us-md/md.-code-estates-and-trusts-4-406"},"notice":"GroundRules: Original legal text. Not legal advice."}