Md. Code, Est. & Trusts § 15-115

Current with changes from the 2024 Legislative Session

Section 15-115 - Corporations that act as fiduciaries not liable as sureties

A corporation that under the laws of this State may act as a fiduciary without bond or security other than its own obligation may not incur the liability of a surety upon a bond.

Md. Code, ET § 15-115