§ 12-601. Definitions

MD Fin Inst Code § 12-601 (2019) (N/A)
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(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.