Md. Code, Financial Institutions § 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.