Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 12-601

  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
(a) In this subtitle the following words have the meanings indicated.

(b) “Safe-deposit box” means a locked box or safe that is:

(1) In a vault under the control of a safe-deposit company; and

(2) Used by another person for the storage or safekeeping of property.

(c) “Safe-deposit company” means a person who is engaged in the business of renting safe-deposit boxes to others.

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