Maine Revised Statutes

Me. Rev. Stat. tit. 14, § 2701 (2026)

Liability of trustee for failure to disclose

✓ current as of May 2026

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If a person resident in the county in which the action is commenced is summoned and neglects to serve a disclosure under oath submitting to examination within the time required therefor, without reasonable excuse, he is liable for all costs afterwards arising in the action, to be paid out of his own goods or estate if judgment is rendered for the plaintiff, unless paid out of the goods or effects in his hands belonging to the principal.

Notes of Decisions

Cited in 6 cases (3 in the last 5 years), 1999–2021 · leading case: Worrey v. Fournier, 729 A.2d 907 (Me. 1999).

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Worrey v. Fournier, 729 A.2d 907 (Me. 1999). “,” see 14 M.R.S.A. § 2701 (1980). The rules and laws that govern the trustee’s disclosure under oath reveal that it is the trustee — not the plaintiff— who is responsible for filing the disclosure and who suffers the consequences of not making a timely disclosure.”

Sea Salt LLC v. Td Bank Na (D. Me. 2020). · cites it 6× “) Plaintiff also “concedes that no special relationship existed between it and Defendants PayPal, Coinbase, 5 A claim for failure to disclose is more properly brought under 14 M.R.S. § 2701. Here, Plaintiff alleges that pursuant to 14 M.”

Sea Salt LLC v. Td Bank Na (D. Me. 2021). · cites it 3× “§ 2702, and added a Maine statutory count under 14 M.R.S. § 2701, as well as common law claims of fraudulent misrepresentation, unjust enrichment, and conversion.”

Sea Salt LLC v. Bellerose (D. Me. 2020). “Further, to the extent that Plaintiff seeks to maintain the default to seek a remedy pursuant to 14 M.R.S. § 2701 (see Motion at 5, ECF No.”

Sea Salt LLC v. Td Bank Na (D. Me. 2021). “Sea Salt alleges that PayPal and Coinbase violated Maine’s Trustee Process Law, 14 M.R.S. § 2701, for failure to disclose assets and accounts belonging to Matthew Bellerose and/or East End.”

Sea Salt LLC v. Bellerose (D. Me. 2021). “Sea Salt alleges that PayPal and Coinbase violated Maine’s Trustee Process Law, 14 M.R.S. § 2701, for failure to disclose assets and accounts belonging to Matthew Bellerose and/or East End.”

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