Md. Code Regs. 08.05.01.05 - Land Trusts
Current through Register Vol. 49, No. 8, April 8, 2022
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.05 Land Trusts.
A. Land purchased in fee with rural legacy funds by a land trust shall be protected by a conservation easement held by a qualified federal, State, county, or municipal conservation organization.
B. A conservation easement purchased with rural legacy funds by a land trust shall be jointly held by a qualified federal, State, or local conservation organization as co-grantee.