§ 15-114. Guidelines and standards for investment of assets
(1) In this section the following words have the meanings indicated.
(2) "Fiduciary" means:
(i) A trust company;
(ii) An investment advisor that is controlled by or is under common control with a trust company; or
(iii) A person who makes an election under subsection (g) of this section.
(3) "Fiduciary assets" means assets held by a fiduciary as trustee, guardian, conservator, committee, custodian under the Maryland Uniform Transfers to Minors Act, investment manager, or investment advisor.
(4) "Investment advisor" means any company registered under the provisions of the federal Investment Advisers Act of 1940.
§ 64.2-780. Definition of terms
As used in this article:
"Controlling document" means the will, agreement, power of attorney, court order, or other instrument creating the fiduciary powers.
"Trust" includes the assets under the control or management of the trustee.
"Trustee" includes any fiduciary as defined in § 8.01-2, an attorney-in-fact or agent acting for a principal under a written power of attorney, a custodian under § 64.2-1911, and a custodial trustee under § 64.2-906.