Maryland Financial Institutions Section 12-601

Article - Financial Institutions

§ 12-601.

      (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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