Md. Code, State Finance and Procurement § 2-602.1
Md. Code, State Finance and Procurement § 2-602.1
in effect§2–602.1.
The Treasurer shall maintain all securities other than physical securities with:
(1) any institution incorporated under the laws of the State as a State bank, trust company, or savings bank;
(2) any national banking association that has its principal office in the State; or
(3) any trust company, as defined in § 1-101 of the Estates and Trusts Article.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsf§ion=2-602.1&enactments=falseFetched: 10/17/2026