1. (1) any institution incorporated under the laws of the State as a State bank, trust company, or savings bank;
2. (2) any national banking association that has its principal office in the State; or
3. (3) any trust company, as defined in § 1-101 of the Estates and Trusts Article.

The Treasurer shall maintain all securities other than physical securities with:

Added by Acts 1992, c. 456, § 1, eff. Oct. 1, 1992.