120                                  LAWS OF MARYLAND                             [CH. 4

(h) Guardian.—A "guardian" of a minor means the general
guardian, guardian, tutor or curator of his property or estate ap-
pointed or qualified by a court of this State or another state.

(i) Issuer.—An "issuer" is a person who places or authorizes
the placing of his name on a security (other than as a transfer
agent) to evidence that it represents a share, participation or other
interest in his property or in an enterprise or to evidence his duty
or undertaking to perform an obligation evidenced by the security,
or who becomes responsible for or in place of any such person.

(j) Legal representative.—A "legal representative" of a person
is his personal representative or the general guardian, guardian,
committee, conservator, tutor or curator of his property or estate.

(k) Life insurance policy or annuity contract.—A "life insur-
ance policy or annuity contract" means a life insurance policy or
annuity contract as those terms are defined in Article 48A of this
Code, title "Insurance," issued by an insurance company on the life
of a minor to whom a gift of the policy or contract is made in the
manner prescribed in this subtitle or on the life of a member of the
minor's family.

(l) Member of a minor's family.—A "member" of a "minor's
family" means any of the minor's parents, grandparents, brothers,
sisters, uncles and aunts, whether of the whole blood or the half
blood, or by or through legal adoption.

(m) Minor.—A "minor" is a person who has not attained the
age of twenty-one years.

(n) Security.—A "security" includes any note, stock, treasury
stock, bond, debenture, evidence of indebtedness, interest in a part-
nership or limited partnership, collateral trust certificate, transfer-
able share, voting trust certificate or, in general, any interest or in-
strument commonly known as a security, or any certificate of inter-
est or participation, in, any temporary or interim certificate, receipt
or certificate of deposit for, or any warrant for, right to subscribe
to or purchase, any of the foregoing. The term does not include a
security of which the donor is the issuer. A security is in "registered
form" when it specifies a person entitled to it or to the rights it evi-
dences and its transfer may be registered upon books maintained for
that purpose by or on behalf of the issuer.

(o) Transfer agent.—A "transfer agent" is a person who acts as
authenticating trustee, transfer agent, registrar or other agent for
an issuer in the registration of transfers of its securities or in the
issue of new securities or in the cancellation of surrendered securi-
ties.

(p) Trust company.—A "trust company" is a bank, corporation
or other legal entity authorized to exercise