# State Finance and Procurement (GSF)

## Title 2. General Provisions

### Subtitle 6. Securities

#### Section 2-602.1

The Treasurer shall maintain all securities other than physical securities with:

(1) any institution incorporated under the laws of the State as a State bank, trust company, or savings bank;

(2) any national banking association that has its principal office in the State; or

(3) any trust company, as defined in Sec. 1-101 of the Estates and Trusts Article.

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Md. Code Ann., State Fin. & Proc. (as displayed at mgaleg.maryland.gov, October 16, 2026)