1. (1) a noninterest bearing checking account;
2. (2) a noninterest bearing savings account; or
3. (3) any combination of these accounts.

Unless the owner and beneficial owner give written instructions to the contrary, a real estate broker may deposit trust money in:

Added by Acts 1989, c. 3, § 1, eff. Oct. 1, 1989. Amended by Acts 1989, c. 597. Renumbered from Business Occupations and Professions § 16-504 by Acts 1994, c. 3, § 13, eff. Feb. 28, 1994. Amended by Acts 1995, c. 58, § 2, eff. Oct. 1, 1995.

Formerly Art. 56A, § 4-504.