Md. Code, Real Property § 9-202
This is the official text of Md. Code, Real Property § 9-202, part of Maryland’s Code, Real Property — governs real estate transactions and landlord-tenant law.
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§9–202.
Official statutory text
Any officer, director, or managing agent of any contractor or subcontractor, who knowingly retains or uses the money held in trust under § 9–201 of this subtitle, or any part thereof, for any purpose other than to pay those subcontractors for whom the money is held in trust, shall be personally liable to any person damaged by the action.
Status: in_force · Read it on the official government site
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