Unannotated Code of Maryland (Last Updated: May 16, 2014) |
FINANCIAL INSTITUTIONS |
TITLE 12. MISCELLANEOUS INSTITUTIONS AND ACTIVITIES |
SUBTITLE 6. SAFE-DEPOSIT COMPANIES |
§ 12-601. Definitions
Latest version.
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(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.