Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 19A. State Ethics Commission |
Subtitle 06. BLIND TRUSTS |
Chapter 19A.06.03. Procedural Requirements |
Sec. 19a.06.03.02. Certification
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A. A request for certification of a blind trust shall be in writing addressed to the Commission.
B. Before a trust can be certified, each proposed trust document and proposed trustee shall be approved by the Commission.
C. Appropriate documentation to establish the independence of the trustee shall be provided to the Commission with the request for certification, on an executed Certificate of Independence form to be established by the Commission.
D. A trust shall be certified in writing by the Commission based upon a determination that:
(1) The trust is in compliance with the provisions of this subtitle;
(2) The trust meets the statutory criteria of General Provisions Article, §§5-501 and 5-502, Annotated Code of Maryland; and
(3) Reliance on the trust by the official or employee is not contrary to the purposes of General Provisions Article, Title 5, Annotated Code of Maryland.