Maryland Code § ET-15-101

Section ET-15-101
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(a) In this subtitle the following words have the meanings indicated.
(b) "Committee" includes any reorganization or protective committee
formed for the purpose of formulating, proposing, or carrying out any plan of
reorganization or to act in any other manner for the protection of the interests of the
holders of any class or classes of securities, or persons performing a similar function,
and any corporation formed or acting for any such purpose.
(c) "Corporate fiduciary" has the meaning stated in § 15-1A-01 of this title.
(d) "Depositary" includes any person receiving securities for deposit,
exchange, or distribution under any reorganization agreement or plan of
reorganization, or stamping securities presented to it to indicate the assent of any

present or future holder or holders to any plan of reorganization affecting the
securities or that the securities have been absolutely or conditionally made subject to
any plan of reorganization.
(e) "Deposited or exchanged", as applied to securities, includes the
presentation of securities to a depositary for stamping to indicate the assent of any
present or future holder to any plan of reorganization affecting the securities or that
the securities have been absolutely or conditionally made subject to any plan or
organization.
(f) (1) "Environmental law" means a federal, State, or local law, rule,
regulation, or ordinance that relates to the protection of the environment.
(2) "Environmental law" includes Title 16 of the Environment
Article.
(g) "Fiduciary" includes a trustee acting under a deed, will, declaration of
trust or other instrument in the nature of a trust or appointed by a court, a receiver,
custodian, committee or guardian of the property of a minor or disabled person,
executor, administrator, or personal representative.
(h) "Person" includes the State, any county, municipal corporation, or other
political subdivision of the State, or any of their units, or an individual, fiduciary, or
any partnership, firm, association, public or private corporation, or any other entity.
(i) "Plan of reorganization" includes any plan for the reorganization of any
corporation, public or private, or of any partnership, firm or association, and any plan
of adjustment, readjustment, refunding, refinancing, or recapitalization affecting any
securities, whether or not the plan is proposed or submitted in connection with any
proceedings under the jurisdiction of any court.
(j) "Reorganization agreement" includes any deposit agreement, protective
agreement for the protection of holders of any class of securities, or similar agreement
or instrument which embodies any plan of reorganization or provides for or permits
the formulation or carrying out of a plan of reorganization.
(k) "Securities" includes stocks, bonds, debentures, notes, voting trust
certificates, equipment trust certificates, certificates of deposit, certificates of
participation, certificates of beneficial interest, stock rights, stock warrants issued by
or in connection with any corporation, partnership, firm, association or similar
organization, and any other instruments evidencing rights of a similar character.
(l) "Trust company" has the meaning stated in § 1-101 of this article.

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