State Codes and Statutes
Statutes > Maryland > Financial-institutions > Title-12 > Subtitle-6 > 12-601§ 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.]
