§ 3-510
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/md/financial-institutions/3-510·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§3–510.
A trust company, acting in a fiduciary capacity, may invest money in one or more common trust funds if:
(1)The trust company holds the money for investment; and
(2)The instrument or authorization that created the fiduciary relationship does not contain any terms inconsistent with this type of investment.