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Session Laws, 1969
Volume 692, Page 104   View pdf image
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104                               LAWS OF MARYLAND                           [CH. 3

to the grantor within the third degree, shall commence after the
effective date of this Act, serving as a trustee of any inter vivos or
testamentary trust executed in Maryland by the grantor or any
trustee, administered in Maryland, or governed by the laws of Mary-
land. This section shall not prohibit any such person from continu-
ing to serve as a trustee of any trust in which he was serving in that
capacity on the effective date hereof.

Sec. 6. And be it further enacted, That Section 44 of Article 93
of the Annotated Code of Maryland (1964 Replacement Volume)
title "Testamentary Law," subtitle "Administration," be and it is
hereby removed from said Article 93, repealed and reenacted, with
amendments, and added to Article 16 of the Annotated Code of Mary-
land (1966 Replacement Volume), title "Chancery," subtitle "Trus-
tee," as Section 199B of said Article 16, to follow immediately after
Section 199A thereof and to read as follows:

[44] 199B.

Any [administrator, executor,] guardian, committee, receiver,
trustee, assignee or other fiduciary or party of whom a bond, under-
taking or other obligation is required, is authorized to agree or
arrange with his surety or sureties, either for a general or a special
deposit for safekeeping of any and all moneys, assets and other prop-
erty for which he is or may be responsible with a bank, savings
bank, safe deposit or trust company authorized by law to do business
as such, and situate in the city or county in which his said bond may
have been filed, and in such manner as to prevent the withdrawal or
alienation of such money, assets or other property, or any part
thereof, without the written consent of such surety or sureties, or
an order of a court or a judge thereof, made on such notice to such
surety or sureties as the court or judge may direct.

Sec. 7. And be it further enacted, That new Section 26A be and it is
hereby added to Article 19 of the Annotated Code of Maryland
(1966 Replacement Volume), title "Comptroller," subtitle "In Gen-
eral," to follow immediately after Section 26 thereof and to read as
follows:

26A.

The Comptroller shall, from time to time, limit and fix the number
and compensation of assistant clerks or deputies to be employed by
any register of wills, and no account for compensation for services
of any assistant clerk, deputy or other person employed in performing
any of the duties pertaining to the office of any such register shall be
allowed until such assistant, deputy, or other person employed shall
have certified under oath that the said services have been performed;
that he has received the full sum therein charged to his own use and
benefit, and that he has not paid, deposited or assigned, nor con-
tracted to pay, deposit or assign, any part of such compensation to
the use of any person, nor in any way, directly or