It is public policy of the State that any substantial sum of money paid to a minor because of a claim, action, or judgment in tort should be preserved for the benefit of the minor.
Structure Maryland Statutes
Title 13 - Protection of Minors, Disabled Persons, Susceptible Adults, and Older Adults
Subtitle 4 - Recovery by Minor in Tort
Section 13-402 - Statement of Policy
Section 13-403 - Appointment of Trustee or Guardian for Minor
Section 13-404 - Bond Not Required; Deposit or Investment of Proceeds of Appointing Check
Section 13-405 - Court Order Required for Withdrawal