(1) Background: Multi-line transmit (MLT) beamforming has been proposed for fast cardiac ultrasound imaging. While crosstalk between MLT beams could induce artifacts, a Tukey (α = 0.5)-Tukey (α = 0.5) transmit-receive (TT-) apodization can largely—but not completely—suppress this crosstalk. Coded excitation has been proposed for crosstalk suppression, but only for synthetic aperture imaging and multi-focal imaging on linear/convex arrays. The aim of this study was to investigate its (added) value to suppress crosstalk among simultaneously transmitted multi-directional focused beams on a phased array; (2) Methods: One set of two orthogonal Golay codes, as well as one set of two orthogonal chirps, were applied on a two, four, and 6MTL imaging schemes individually. These coded schemes were investigated without and with TT-apodization by both simulation and experiments; and (3) Results: For a 2MLT scheme, without apodization the crosstalk was removed completely using Golay codes, whereas it was only slightly suppressed by chirps. For coded 4MLT and 6MLT schemes, without apodization crosstalk appeared as that of non-apodized 2MLT and 3MLT schemes. TT-apodization was required to suppress the remaining crosstalk. Furthermore, the coded MLT schemes showed better SNR and penetration compared to that of the non-coded ones. (4) Conclusions: The added value of orthogonal coded excitation on MLT crosstalk suppression remains limited, although it could maintain a better SNR.