Maryland Deposit bank holding / separate account
Deposit bank holding / separate account in Maryland
Landlords must keep security deposits in interest-bearing accounts used only for deposits, at in-state branches of federally insured financial institutions, within 30 days of receiving them. Code text: "The landlord shall maintain all security deposits in federally insured financial institutions."
Verified Source: Md. Code, Real Prop. § 8–203(d)(1) · last checked 2026-10-23
Same topic in neighboring states
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