§ 3–509

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 3-509 (2026)

Title 3. Banking Institutions -- Commercial Banks

Subtitle 5. Common Trust Funds

A fund plan may be amended only:

(1)

Prospectively; and

(2)

By written amendments that are approved by resolution of the board of directors of the trust company.