Maryland Statutes
§ 19-402
Maryland § 19-402
This text of Maryland § 19-402 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Business Regulation § 19-402 (2026).
Text
(a)A boat broker shall place any trust moneys received in anticipation of a boat purchase into a boat broker trust account until the boat broker:
(1)disburses the trust moneys to the beneficial owner on completion of the boat purchase; or
(2)returns the trust moneys to the purchaser if the boat purchase is not completed.
(b)A boat broker trust account established under this section shall be separate from the boat broker’s operating account.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 19-402, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gbr/19-402.