HARRY HUGHES, Governor

147

ASSOCIATION, CORPORATION, OR OTHER ENTITY.

REVISOR'S NOTE: This subsection is new language added
to set forth a broad definition of the word
"person" as used in this article.

As to the term "personal representative", see
Art. 1, § 5 of the Code.

(O) POLITICAL SUBDIVISION.

"POLITICAL SUBDIVISION" MEANS:

(1)       A COUNTY OR MUNICIPAL CORPORATION OF THIS
STATE; AND

(2)       UNLESS THE CONTEXT REQUIRES OTHERWISE, A
SPECIAL TAXING DISTRICT OF THIS STATE.

REVISOR'S NOTE: This subsection is new language added
for clarity and consistency. In effect, it
adopts the usual meaning given to the term
"political subdivision" by the State courts: 59
Op. Att'y Gen. 560, 564 n.1 (1974);

Maryland—National Capital - Park and Planning
Comm'n v. Montgomery County, 267 Md. 82, 88-94,
296 A.2d 692 (1972); State v. Canova, 278 Md.
483, 365 A.2d 988 (1976).

Under subsection (g) of this section, "county"
includes Baltimore City.

(P) REAL PROPERTY.

"REAL PROPERTY" INCLUDES ANY INTEREST IN REAL PROPERTY.

REVISOR'S NOTE: This subsection is new language added
for clarity.

GENERAL REVISOR'S NOTE:

In addition to the definitions contained in this
subtitle, which are of general applicability throughout this
article, definitions of a more limited applicability appear
at the beginning of those units of this article — e.g.,
title, subtitle, or section — to which they apply.

SUBTITLE 2. GENERAL PROVISIONS.

1-201. APPLICABILITY OF MARYLAND GENERAL CORPORATION LAW.

EXCEPT AS OTHERWISE EXPRESSLY PROVIDED BY THIS ARTICLE,
THE MARYLAND GENERAL CORPORATION LAW APPLIES TO A FINANCIAL
INSTITUTION AND TO ALL OF ITS CORPORATE ACTS.

REVISOR'S NOTE: This section is new language added for
clarity and emphasis. It is patterned after the