Maryland Statutes
§ 12-604
Maryland § 12-604
This text of Maryland § 12-604 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Financial Institutions § 12-604 (2026).
Text
(a)In a contract governing the use of a safe-deposit box by a customer, the safe-deposit company may limit its total liability for any loss resulting from its negligence to a maximum amount, which may not be less than 500 times the annual rental charged for the safe-deposit box.
(b)The safe-deposit company may provide in the contract that it will not be liable for the loss of any money, jewelry, or other items specified in the contract for this purpose.
(c)The safe-deposit company may provide in the contract that the fact that an item was left in a safe-deposit box by a customer and, on a subsequent entry by the customer to the safe-deposit box, the property was missing does not:
(1)Raise a presumption that the property was lost by any negligence or wrong
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Bluebook (online)
Maryland § 12-604, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/12-604.