§ 17-504
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/md/business-occupations-and-professions/17-504·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§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.