Maryland Financial Institutions Section 3-103

      (a)      This section applies to a commercial bank that:

            (1)      Is not in the business of accepting deposits or retaining funds in a deposit account as defined in § 5-509 of this article; and

            (2)      Is not controlled by or under common control with a banking institution or a national banking association with its principal office located in this State.

      (b)      A commercial bank subject to this section shall operate in compliance with all requirements and standards for the exercise of fiduciary powers that are applicable under 12 C.F.R. Part 9 to a trust department of a State-chartered trust company that is in the business of accepting deposits or retaining funds in a deposit account as defined in § 5-509 of this article.