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Session Laws, 1975
Volume 716, Page 654   View pdf image
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654

LAWS OF MARYLAND

[Ch. 49

DEFINED IN ARTICLE 48A OF THE CODE.
(I) OWNER.
"OWNER" MEANS:

(1)    IN THE CASE OF A DEPOSIT, A DEPOSITOR OR
A PERSON ENTITLED TO RECEIVE THE FUNDS AS REFLECTED ON
THE RECORDS OF THE BANK OR FINANCIAL ORGANIZATION;

(2)   IN THE CASE OF A TRUST, A BENEFICIARY;

(3)    IN THE CASE OF OTHER CHOSES IN ACTION, A
CREDITOR, CLAIMANT, OR PAYEE; OR

(4)   ANY PERSON WHO HAS A LEGAL OR EQUITABLE
INTEREST IN PROPERTY SUBJECT TO THIS TITLE, OR HIS LEGAL
REPRESENTATIVE.

(J) PERSON.

"PERSON" INCLUDES THE STATE, ANY COUNTY, MUNICIPAL
CORPORATION, OR OTHER POLITICAL SUBDIVISION OF THE STATE,
OR ANY OF THEIR UNITS, AN INDIVIDUAL, BUSINESS
ASSOCIATION, CORPORATION, BUSINESS TRUST, ESTATE, TRUST,
PARTNERSHIP, ASSOCIATION, TWO OR MORE PERSONS HAVING A
JOINT OR COMMON INTEREST, OR ANY OTHER LEGAL OR
[[COMERCIAL]l COMMERCIAL ENTITY.

(K) UTILITY.

"UTILITY" MEANS ANY PERSON WHO OWNS OR OPERATES IN
THE STATE, FOR PUBLIC USE, ANY PLANT, EQUIPMENT,
PROPERTY, FRANCHISE, OR LICENSE FOR THE TRANSMISSION OF
COMMUNICATIONS, FOR THE PRODUCTION, STORAGE,
TRANSMISSION, SALE, DELIVERY, OR FURNISHING OF
ELECTRICITY, WATER, STEAM, OR GAS, OR FOR THE
TRANSPORTATION OF PERSONS OR PROPERTY.

REVISOR'S NOTE: This section presently appears as
Art. 95C, §1.

Subsection (a) of this section incorporates
the standard introductory sentence to a
definition section. Since this title is a
uniform act adopted by 18 states, minimal
changes are made in the revision of the act.

Subsection (e) of this section is new language
added to avoid repetitive reference to
"Baltimore City." Although Art. 1, §14 of the
Code generally provides that "county" includes
Baltimore City, that rule of construction is
repeated here for purposes of emphasis.

 

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Session Laws, 1975
Volume 716, Page 654   View pdf image
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