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2013 Maryland Code
BUSINESS OCCUPATIONS AND PROFESSIONS
§ 17-504 - Authorized accounts
MD Bus Occ & Prof Code § 17-504 (2013) What's This?
§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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