There is a newer version of the Maryland Code
Maryland Financial Institutions Section 3-517
§ 3-517.
  (a)   The ownership of and title to the individual assets in a common trust fund are solely in the trust company, as trustee of the fund.
  (b)   A trust company shall show clearly on its records:
    (1)   The name of each fiduciary account on behalf of which the trust company holds a participation in a common trust fund; and
    (2)   The extent of the interest held for that fiduciary account.
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