1. (a) The Authority may create and administer the accounts that it requires.
2. (b) The Authority shall deposit its money into a Baltimore City or national bank or a federally insured savings and loan association that has a total paid-in capital of at least $1,000,000.
3. (c) The Authority may designate the trust department of a Baltimore City or national bank or savings and loan association as a depository to receive securities that the Authority owns or acquires.

Added by Acts 2025, c. 215, § 3, eff. April 22, 2025; Acts 2025, c. 216, § 3 eff. April 22, 2025.