§ 1–1421
Statutes in effect as of October 1, 2026.
Md. Code Ann., Local Gov't § 1-1421 (2026)
Title 1. Definitions; General Provisions
Subtitle 14
§ 1–1421LinkCopy Citation
(a)
The corporate trustee under a trust agreement may be a trust company or bank that has the powers of a trust company in or outside the State.
(b)
An expense incurred in carrying out the trust agreement or a resolution may be treated as part of the cost of the operation of a project.