2010 Maryland Code
FINANCIAL INSTITUTIONS
TITLE 12 - MISCELLANEOUS INSTITUTIONS AND ACTIVITIES
Subtitle 6 - Safe-Deposit Companies
Section 12-601 - Definitions.
§ 12-601. Definitions.
(a) In general.- In this subtitle the following words have the meanings indicated.
(b) Safe-deposit box.- "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.- "Safe-deposit company" means a person who is engaged in the business of renting safe-deposit boxes to others.
[An. Code 1957, art. 23, §§ 315, 316; 1980, ch. 33, § 2.]
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