{"data":{"id":"us-me/18-b-m.r.s.-1203","jurisdiction":"us-me","citation":"18-B M.R.S. §1203","heading":"Scope","body":"1.  Express trust.  Except as otherwise provided in subsections 2 and 3, this Act applies to an express trust that is irrevocable or revocable by the settlor only with the consent of the trustee or a person holding an adverse interest.\n2.  Trust solely for charitable purposes.  This Act does not apply to a trust held solely for charitable purposes.\n3.  Restricted or prohibited decanting power.  Subject to section 1214, a trust instrument may restrict or prohibit exercise of the decanting power.\n4.  Power not limited.  This Act does not limit the power of a trustee, powerholder or other person to distribute or appoint property in further trust or to modify a trust under the trust instrument, a law of this State other than this Act, common law, a court order or a nonjudicial settlement agreement.\n5.  Ability of settlor.  This Act does not affect the ability of a settlor to provide in a trust instrument for the distribution of the trust property or appointment in further trust of the trust property or for modification of the trust instrument.","path":["TITLE 18-B: TRUSTS","PART 1: MAINE UNIFORM TRUST CODE","CHAPTER 12: MAINE UNIFORM TRUST DECANTING ACT"],"source_url":"https://legislature.maine.gov/statutes/18-B/title18-Bsec1203.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:29Z","sha256":"20c8a3264184e055a719a06befebd211fc1224cd77a89323c1e394a9e5b92606","source_id":"us-me","stale":false,"prev":"us-me/18-b-m.r.s.-1202","next":"us-me/18-b-m.r.s.-1204"},"notice":"GroundRules: Original legal text. Not legal advice."}
