There is a newer version of the Maryland Code
Maryland Business Occupations and Professions Section 17-504
§ 17-504.
  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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.