Maryland Statutes

§ 3-517

Maryland § 3-517
JurisdictionMaryland
Article gfiFinancial Institutions
Title3

This text of Maryland § 3-517 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 § 3-517 (2026).

Text

(a)The ownership of and title to the individual assets in a common trust fund are solely in the trust company, as trustee of the fund.
(b)A trust company shall show clearly on its records:
(1)The name of each fiduciary account on behalf of which the trust company holds a participation in a common trust fund; and
(2)The extent of the interest held for that fiduciary account.

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Bluebook (online)
Maryland § 3-517, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/3-517.