§ 15-1A-03. Calculation of assets and liability of banks, trust companies, or bank holding comp...
West's Annotated Code of MarylandEstates and Trusts
MD Code, Estates and Trusts, § 15-1A-03
§ 15-1A-03. Calculation of assets and liability of banks, trust companies, or bank holding companies
(a) For purposes of qualifying as a fiduciary with respect to a capital requirement, a corporate fiduciary may attribute to its capital and surplus the capital and surplus of any:
(b) When a successor fiduciary qualifies under this section, the following entities shall be jointly and severally liable with the successor fiduciary for claims against the successor fiduciary when acting in its fiduciary capacity:
Credits
Added by Acts 1989, c. 644, § 1, eff. July 1, 1989. Amended by Acts 2001, c. 669, § 1, eff. Oct. 1, 2001.
MD Code, Estates and Trusts, § 15-1A-03, MD EST & TRST § 15-1A-03
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document |