Current with changes from the 2024 Legislative Session
Section 15-201 - Definitions(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.