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Terms Used In Maryland Code, COMMERCIAL LAW 11-601

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
(a) In this subtitle the following words have the meanings indicated.

(b) “Container” means a liquefied petroleum gas container.

(c) “Liquefied petroleum gas” means any material which is composed predominately of any of the following hydrocarbons or mixtures of them:

(1) Propane;

(2) Propylene;

(3) Normal butane;

(4) Isobutane; or

(5) Butylenes.

(d) “Mark” includes any name, initial, or other device.

(e) “Marked container” means a container which bears on its surface in plainly legible characters the mark of its owner.

(f) “Owner” means:

(1) Any person who holds a written bill of sale under which title or ownership to a container was transferred to him; or

(2) Any manufacturer of a container who has not transferred ownership of the container under a written bill of sale.

(g) “Person” includes an individual, corporation, business trust, statutory trust, estate, trust, partnership, association, two or more persons having a joint or common interest, or any other legal or commercial entity.