CHAPTER 184

S.P. 538 - L.D. 1551

An Act To Make Technical Amendments to the Maine Uniform

Trust Code

Emergency preamble. Whereas, acts of the Legislature do not become effective until 90 days after adjournment unless enacted as emergencies; and

Whereas, the Maine Uniform Trust Code, enacted by Public Law 2003, chapter 618, Part A, takes effect July 1, 2005; and

Whereas, the amendments in this legislation to the Maine Uniform Trust Code must also become effective on July 1, 2005, because allowing the amendments to become effective 90 days after the end of the legislative session would cause confusion and uncertainty for Maine citizens and taxpayers; and

Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 18-A MRSA §5-508, sub-§(g), as amended by PL 1999, c. 66, §1, is further amended to read:

(g) The requirements of subsections (b), (c) and (d) do not render ineffective a durable financial power of attorney validly executed prior to September 19, 1997 or a durable financial power of attorney executed prior to December 31, 1998 in accordance with this section as in effect on September 19, 1997. The