Maryland Business Occupations and Professions Section 17-504

Article - Business Occupations and Professions

§ 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.



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