Maryland Statutes
§ 18-1908
Maryland § 18-1908
This text of Maryland § 18-1908 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., Education § 18-1908 (2026).
Text
(a)Each fiduciary shall be covered by a surety bond or an insurance policy of the type and in the amount of coverage determined by the State Treasurer under § 5–108 of the State Government Article, as a fiduciary of the Trust.
(b)Unless a fiduciary is bonded, the fiduciary may not exercise custody or control of any assets of the Trust.
(c)A fiduciary may not allow another fiduciary to act in violation of this section.
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Bluebook (online)
Maryland § 18-1908, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/ged/18-1908.