§ 17-501 Definitions
§ 17-502 Handling of trust money
§ 17-503 Authorized financial institutions
§ 17-504 Authorized accounts
§ 17-505 Maintenance and disposition of trust money
§ 17-505 v2 Maintenance and disposition of trust money
§ 17-507 Maintenance of records
§ 17-508 Disciplinary action

Terms Used In Maryland Code > BUSINESS OCCUPATIONS AND PROFESSIONS > Title 17 > Subtitle 5 > Part I - Trust Accounts

  • certified mail: includes "registered mail"; and

    (3) "registered mail" includes "certified mail". See
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • County: means a county of the State or Baltimore City. See
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • including: means includes or including by way of illustration and not by way of limitation. See
  • National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See