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Maryland · Through 2026-01-01

Md. Code, Financial Institutions § 3–517

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Where this section sits in the code
  1. Article - Financial Institutions

(a) The ownership of and title to the individual assets in a common trust fund are solely in the trust company, as trustee of the fund.

(b) A trust company shall show clearly on its records:

(1) The name of each fiduciary account on behalf of which the trust company holds a participation in a common trust fund; and

(2) The extent of the interest held for that fiduciary account.

Collected 2026-09-14T19:58:27Z. Source file · JSON

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