Section 15-201 - Definitions. - Maryland Statutes

§ 15-201. Definitions.
 

(a)  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. 
 

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