HARRY HUGHES, Governor                                          61

personal property, is omitted as included in the
defined term "personal property".

Also in subsection (a) of this section, the present
phrase "and which would be taxable if the owner were a
natural person residing in this State" is omitted as
superfluous.

In subsections (b) and (c) of this section, the
present references to the "assets of the estate in his
hands" and the "assets in his hands", which refer to
assets controlled by an executor or guardian,
respectively, are omitted as superfluous.

Also in subsections (b) and (c) of this section, the
present references to "Baltimore City" are omitted as
included in the defined term "county".

Also in subsections (b) and (c) of this section, the
present references to the possibility of the decedent
or a ward, respectively, residing in a city are
omitted as superfluous.

In subsection (b) of this section, the term "personal
representative" is substituted for the present
reference to "executor", for clarity.

Also in subsection (b) of this section, the reference
to the county "where appointed" is substituted for the
present reference to the county "in which letters
testamentary or of administration unrevoked shall have
been issued", for clarity.

Subsection (c) of this section is revised to cover all
guardians and to conform to current practice.
Therefore, the present obsolete reference to an
"infant" is omitted.

Defined terms: "County" § 1-101

"Municipal corporation" § 1-101 "Person" § 1-101

"Resident of the State" § 1-101

1-203. LIABILITY OF FIDUCIARIES.

(A)  "FIDUCIARY" DEFINED.

IN THIS SECTION, "FIDUCIARY" INCLUDES A PERSONAL
REPRESENTATIVE, TRUSTEE, OR GUARDIAN.

(B)  IN GENERAL.

EXCEPT AS OTHERWISE PROVIDED IN THIS ARTICLE,. A FIDUCIARY IS
LIABLE FOR THE TAXES ON PROPERTY HELD BY THE FIDUCIARY AS A
FIDUCIARY.