Md. Code, Fin. Inst. § 5-615
Current with changes from the 2024 Legislative Session effective on or before 7/1/2024, from Chs.. 2 through 1049
In the distribution of the general assets of a trust company that is liquidated or reorganized, 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 § 5-615