WILLIAM DONALD SCHAEFER, Governor Ch. 638

(f)  A "custodian" is a person designated in a manner
prescribed in this subtitle; the term includes a successor
custodian.

(g)  A "financial institution" is a bank, a federal savings
and loan association, a savings institution chartered and
supervised as a savings and loan or similar institution under
federal law or the laws of a state or a federal credit union or a
credit union chartered and supervised under the laws of a state;
a "domestic financial institution" is one chartered and
supervised under the laws of this State or a bank chartered and
supervised under federal law and having its principal office in
this State; an "insured financial institution" is one in which
deposits (including a savings, share, certificate, or deposit
account) are, in whole or in part, insured by the Federal Deposit
Insurance Corporation, the Federal Savings and Loan Insurance
Corporation, the State of Maryland Deposit Insurance Fund
Corporation or a similar institution organized under the laws of
another state.

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

(i) 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) 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) A "life insurance 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.

(1) 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) A "minor" is a person who has not attained the age of
18 years. If a donor makes a gift in accordance with the
provisions of § 13-302(b-l) of this subtitle, the term "minor"
also shall include a person who has not attained the age of 21
years.

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