# Business Occupations and Professions (GBO)

## Title 17. Real Estate Brokers

### Subtitle 5. Miscellaneous Provisions

#### Section 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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Md. Code Ann., Bus. Occ. & Prof. (as displayed at mgaleg.maryland.gov, October 16, 2026)