Maryland Code > REAL PROPERTY > Title 9 > Subtitle 2 – Trust Relationships in the Construction Industry
Current as of: 2023 | Check for updates
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Other versions
| § 9-201 | Money to be held in trust; commingling |
| § 9-202 | Liability for retention or use of money held in trust under Section 9-201 of this subtitle |
| § 9-204 | Applicability of subtitle; definitions |
Terms Used In Maryland Code > REAL PROPERTY > Title 9 > Subtitle 2 - Trust Relationships in the Construction Industry
- Contract: A legal written agreement that becomes binding when signed.
- 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 - Trustee: A person or institution holding and administering property in trust.