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Section 1-1421 - Trust Agreement — Maryland Law | CourtGPT
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  8. Section 1-1421 - Trust Agreement
Maryland Legal Code

Section 1-1421 - Trust Agreement

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(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.