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<section article="get" article_name="Estates and Trusts" number="15-301" title_number="15" title_name="Fiduciaries" subtitle_number="3" subtitle_name="Maryland Uniform Act for the Simplification of Fiduciary Security Transfers">
  <level label="a">
    <text>In this subtitle the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <text>“Assignment” includes any written stock power, bond power, bill of sale, deed, declaration of trust, or other instrument of transfer.</text>
  </level>
  <level label="c">
    <text>“Claims” includes a claim of any interest by a legatee of a decedent, distributee, heir, or creditor, a beneficiary under a trust, a ward, a beneficial owner of a security registered in the name of a nominee, or a minor owner of a security registered in the name of a custodian, or a claim of any similar interest, whether the claim is asserted by the claimant or by a fiduciary or by any other authorized person on behalf of the claimant, and includes a claim that the transfer would be in breach of fiduciary duties.</text>
  </level>
  <level label="d">
    <text>“Corporation” means a private or public corporation, association or trust issuing a security.</text>
  </level>
  <level label="e">
    <text>“Fiduciary” means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian, or nominee.</text>
  </level>
  <level label="f">
    <text>“Person” includes an individual, a corporation, government or governmental subdivision or agency, business trust, statutory trust, estate, trust, partnership or association, two or more persons having a joint or common interest, or any other legal or commercial entity.</text>
  </level>
  <level label="g">
    <text>“Security” includes any share of stock, bond, debenture, note, or other security issued by a corporation which is registered as to ownership on the books of the corporation.</text>
  </level>
  <level label="h">
    <text>“Transfer” means a change on the books of a corporation in the registered ownership of a security.</text>
  </level>
  <level label="i">
    <text>“Transfer agent” means a person employed or authorized by a corporation to transfer securities issued by the corporation.</text>
  </level>
</section>
