# COMAR Title 31 — Maryland Insurance Administration

## Subtitle 16 — Miscellaneous

### Chapter 03 — Title Insurance Companies — MAHT Account

#### Regulation .05 Separate Accounts.

*COMAR 31.16.03.05*

A. Trust money which is not required to be deposited into a MAHT account may be deposited into any other deposit or investment vehicle:

  (1) Specified by the buyer or beneficial owner; or

  (2) Agreed upon by the buyer or beneficial owner and the title insurer or title insurance producer.

B. An agreement referred to in §A of this regulation between a buyer or beneficial owner and a title insurer or title insurance producer shall be in writing and either be:

  (1) In a separate agreement; or

  (2) If part of another agreement between the parties, in conspicuous type and initialed by the buyer or beneficial owner.