MARVIN MANDEL, Governor                                   223

Accordingly, these provisions are embodied in Title 14.
Their proposed treatment is as follows:

Section in Art. 16       Treatment      Comment

§199-I                           Repeal Severability.

Section in Art. 75B     Treatment     Comment

§16                                Repeal             Severability.

TITLE 15. FIDUCIARIES.
SUBTITLE 1. GENERAL PROVISIONS.
15-101. DEFINITIONS.
(A) GENERAL.

IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE
MEANINGS INDICATED.

(B) COMMITTEE.

"COMMITTEE" INCLUDES ANY REORGANIZATION OR
PROTECTIVE COMMITTEE FORMED FOR THE PURPOSE OF
FORMULATING, PROPOSING, [[AND]] OR CARRYING OUT ANY PLAN
OF REORGANIZATION [[AND]] OR TO ACT IN ANY OTHER MANNER
FOR THE PROTECTION OF THE INTERESTS OF THE HOLDERS OF ANY
CLASS OR CLASSES OF SECURITIES, OR PERSONS PERFORMING A
SIMILAR FUNCTION, AND ANY CORPORATION FORMED OR ACTING
FOR ANY SUCH PURPOSE.

(C)   DEPOSITARY.

"DEPOSITARY" INCLUDES ANY PERSON RECEIVING
SECURITIES FOR DEPOSIT, EXCHANGE, OR DISTRIBUTION UNDER

ANY REORGANIZATION AGREEMENT OR [[PLAN OR]] PLAN OF

REORGANIZATION, OR STAMPING SECURITIES PRESENTED TO IT TO
INDICATE THE ASSENT OF ANY PRESENT OR FUTURE HOLDER OR
HOLDERS TO ANY PLAN OF REORGANIZATION AFFECTING THE
SECURITIES [[AND]] OR THAT THE SECURITIES HAVE BEEN
ABSOLUTELY OR CONDITIONALLY MADE SUBJECT TO ANY PLAN OF
REORGANIZATION.

(D)   DEPOSITED OR EXCHANGED.

"DEPOSITED OR EXCHANGED," AS APPLIED TO SECURITIES,
INCLUDES THE PRESENTATION OF SECURITIES TO A DEPOSITARY
FOR STAMPING TO INDICATE THE ASSENT OF ANY PRESENT OR
FUTURE HOLIER [[OR HOLDERS]] TO ANY PLAN OF
REORGANIZATION AFFECTING THE SECURITIES [[AND]] OR THAT
THE SECURITIES HAVE BEEN ABSOLUTELY OR CONDITIONALLY MADE