Maryland Statutes
§ 3-513
Maryland § 3-513
This text of Maryland § 3-513 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 § 3-513 (2026).
Text
(a)Entry into and withdrawal from participation in a common trust fund may occur only on a valuation date, or, if provided by the plan, within 2 business days after a valuation date.
(b)Participation shall be based on the valuation as of the valuation date associated with the entry or withdrawal.
(c)When participation is withdrawn from a common trust fund, the trust company may make distribution in cash, ratably in kind, or both, but all distributions associated with a valuation date shall be made in the same way.
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Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 3-513, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/3-513.