Maryland Code § 18-1908
Maryland Code § 18-1908. Reproduced from the official Maryland Code, with a citation summary, verification link, and related provisions.
§ 18-1908.
(a) Each fiduciary shall be covered by a surety bond or an insurance policy of the type and in the amount of coverage determined by the State Treasurer under § 5–108 of the State Government Article, as a fiduciary of the Trust.
(b) Unless a fiduciary is bonded, the fiduciary may not exercise custody or control of any assets of the Trust.
(c) A fiduciary may not allow another fiduciary to act in violation of this section.
Source: official Maryland text · Last verified 2026-08-27
At a glance
- Citation: Maryland Code § 18-1908
- Jurisdiction: Maryland
- Code: Maryland Code
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Maryland Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Maryland attorney.
Common questions
What is the source of Maryland Code § 18-1908?
The text above is transcribed from the Maryland Code, the codified statutes of Maryland. The official publisher link appears under "Verify the text" on this page.
What subject does Maryland Code § 18-1908 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Maryland Code § 18-1908 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Maryland source before relying on this text.
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No. This is a reference transcription for research. Applying Maryland law to your facts requires a licensed Maryland attorney who can review the specifics.