There is a newer version of the Maryland Code
2013 Maryland Code
ESTATES AND TRUSTS
§ 15-115 - Corporations that act as fiduciaries not liable as sureties
MD Est & Trusts Code § 15-115 (2013) What's This?
§15-115.
A corporation that under the laws of this State may act as a fiduciary without bond or security other than its own obligation may not incur the liability of a surety upon a bond.
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