Md. Code, Business Occupations and Professions § 17-504

Md. Code, Business Occupations and Professions § 17-504
in effect
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Unless the owner and beneficial owner give written instructions to the contrary, a real estate broker may deposit trust money in: (1) a noninterest bearing checking account; (2) a noninterest bearing savings account; or (3) any combination of these accounts.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gbo&section=17-504&enactments=falseFetched: 10/16/2026

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