- (a) In this subtitle the following words have the meanings indicated.
- (b) “Bank” includes any person or association of persons, whether incorporated or not, carrying on the business of banking.
- (c) “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” 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” includes any person to whom a fiduciary as such owes an obligation.
Added by Acts 1974, c. 11, § 2, eff. July 1, 1974. Amended by Acts 2010, c. 611, § 2, eff. June 1, 2010.
Formerly Art. 37A, § 1.