{"data":{"id":"us-md/md.-code-financial-institutions-5-615","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 5–615","heading":"","body":"In the distribution of the general assets of a trust company that is liquidated or reorganized, the person who succeeds the trust company as a personal representative, guardian, trustee, receiver, or other fiduciary has a preference for all debts and accounts that are due to or held by it as fiduciary over all other debts and liabilities, including salaries and wages of employees.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=5-615","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"45473f943ab9aed72ca7a41718ffba96d31a731c5ee53f515942a6079cb1c1ca","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-5-614","next":"us-md/md.-code-financial-institutions-5-701"},"notice":"GroundRules: Original legal text. Not legal advice."}
