Maryland Statutes
§ 12-405
Maryland § 12-405
This text of Maryland § 12-405 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., Corporations and Associations § 12-405 (2026).
Text
(a)This section applies to a statutory trust that is an investment company, as defined by the Investment Company Act of 1940.
(b)A trustee of a statutory trust who with respect to the statutory trust is not an interested person, as defined by the Investment Company Act of 1940, shall be deemed to be independent and disinterested when making a determination or taking any action as a trustee.
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Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 12-405, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/12-405.