Maryland Code > FINANCIAL INSTITUTIONS > Title 3 > Subtitle 1 – Definitions; General Provisions
Current as of: 2023 | Check for updates
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Other versions
§ 3-101 | Definitions |
§ 3-102 | Applicability of article to certain trust companies |
§ 3-103 | Requirements and standards for exercise of fiduciary powers |
Terms Used In Maryland Code > FINANCIAL INSTITUTIONS > Title 3 > Subtitle 1 - Definitions; General Provisions
- 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.
- County: means a county of the State or Baltimore City. See
- Fiduciary: A trustee, executor, or administrator.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See