Md. Code, Local Government § 1-1421
This is the official text of Md. Code, Local Government § 1-1421, part of Maryland’s Code, Local Government — governs the powers and operations of Maryland counties and municipalities.
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§1–1421.
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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