Maryland Statutes

§ 3-501

Maryland § 3-501
JurisdictionMaryland
Article gfiFinancial Institutions
Title3

This text of Maryland § 3-501 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., Financial Institutions § 3-501 (2026).

Text

(a)In this subtitle the following words have the meanings indicated.
(b)“Common trust fund” means a fund that a trust company maintains under this subtitle solely for the collective investment of money held by the trust company as fiduciary.
(c)“Fund plan” means a written plan for the establishment and administration of a common trust fund.
(d)“Trust company” includes a national banking association that has powers similar to those given to a trust company under the laws of this State.
(e)“Valuation date” means a date as of which a trust company determines the value of the assets in a common trust fund that it administers.

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Bluebook (online)
Maryland § 3-501, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/3-501.