Section 2-502 - Ownership of documents. - Maryland Statutes

§ 2-502. Ownership of documents.
 

(a)  "Accountant's document" defined.- In this section, "accountant's document": 

(1) means any of the following documents, if the document is prepared by an accountant in the course of professional service provided to a client: 

(i) a memorandum; 

(ii) a record; 

(iii) a schedule; 

(iv) a statement; or 

(v) a working paper; and 

(2) does not include any document provided by the client to the accountant. 

(b)  In general.- Unless the client to whom an accountant's document relates and the accountant expressly agree to the contrary, the accountant's document is: 

(1) the property of the accountant who prepared it; or 

(2) if the accountant is a partner or employee of an accounting firm, the property of the firm. 

(c)  Transfer.- Unless the client or a personal representative or assignee of the client consents, an accountant who holds an accountant's document that relates to a client may not give, sell, or otherwise transfer the accountant's document to anyone other than a partner of the accountant. 
 

[An. Code 1957, art. 75A, § 2-502; 1989, ch. 3, § 1.]