Maryland Statutes
§ 10-330
Maryland § 10-330
This text of Maryland § 10-330 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., Economic Development § 10-330 (2026).
Text
(a)Proceeds from the sale of bonds and other revenues received under this subtitle are trust funds to be held and applied solely as provided in this subtitle.
(b)(1) Each officer, bank, or trust company that receives money from the Authority under this subtitle shall act as trustee of the money and shall hold and apply the money for the purposes specified under this subtitle.
(2)The officer, bank, or trust company holding money is subject to:
(i)any regulation adopted under this subtitle; and
(ii)the trust agreement securing the bonds.
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Bluebook (online)
Maryland § 10-330, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gec/10-330.