# Financial Institutions (GFI)

## Title 12. Miscellaneous Institutions and Activities

### Subtitle 6. Safe-Deposit Companies

#### Section 12-601

(a) In this subtitle the following words have the meanings indicated.

(b) "Safe-deposit box" means a locked box or safe that is:

  (1) In a vault under the control of a safe-deposit company; and

  (2) Used by another person for the storage or safekeeping of property.

(c) "Safe-deposit company" means a person who is engaged in the business of renting safe-deposit boxes to others.

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Md. Code Ann., Fin. Inst. (as displayed at mgaleg.maryland.gov, October 16, 2026)