§ 15-201. Definitions

   (a) In general. -- In this subtitle the following words have the meanings indicated.

(b) Bank. -- "Bank" includes any person or association of persons, whether incorporated or not, carrying on the business of banking.

(c) Fiduciary. -- "Fiduciary" includes a trustee under any trust expressed, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust, or estate.

(d) Person. -- "Person" includes an individual, a corporation, government or governmental subdivision or agency, business trust, statutory trust, estate, trust, partnership or association, two or more persons having a joint or common interest, or any other legal or commercial entity.

(e) Principal. -- "Principal" includes any person to whom a fiduciary as such owes an obligation.

HISTORY: An. Code 1957, art. 37A, § 1; 1974, ch. 11, § 2; 2010, ch. 611, § 2.