Md. Code, Fin. Inst. § 3-804
Current with changes from the 2024 Legislative Session
In the distribution of the general assets of a trust company that dissolves voluntarily, the person who succeeds the trust company as a personal representative, guardian, trustee, receiver, or other fiduciary has a preference for all debts and accounts that are due to or held by it as fiduciary over all other debts and liabilities, including salaries and wages of employees.
Md. Code, FI § 3-804