Maryland Business Regulation Section 5-604

      (a)      The terms of a trust to provide for perpetual care shall be designated in a written agreement between the registered cemeterian or permit holder and trustee.

      (b)      The terms of the trust agreement:

            (1)      shall conform to this subtitle; and

            (2)      may include provisions about:

                  (i)      payment of income;

                  (ii)      accumulation of income;

                  (iii)      reinvestment of income;

                  (iv)      administration of the trust fund; and

                  (v)      powers of the trustee as to investments.

      (c)      (1)      A trust agreement shall be irrevocable.

            (2)      However, a trust agreement may:

                  (i)      give the registered cemeterian or permit holder the right to remove the trustee and appoint another qualified trustee; and

                  (ii)      provide for the appointment of individuals as cotrustees and successor cotrustees with a corporate trustee.