Section 5-106 - Assignment of beneficial interest in trust. - Maryland Statutes

§ 5-106. Assignment of beneficial interest in trust.
 

Every assignment of any beneficial interest in a trust, the assets of which wholly or partially consist of land, is void unless the assignment is: 

(1) In writing signed by the assignor or his agent lawfully authorized by writing; or 

(2) By his last will in writing. 
 

[An. Code 1957, art. 21, § 2-107; 1974, ch. 12, § 2; 1976, ch. 272.]