Maryland Statutes

§ 2-405.3

Maryland § 2-405.3
JurisdictionMaryland
Article gcaCorporations and Associations
Title2

This text of Maryland § 2-405.3 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 § 2-405.3 (2026).

Text

(a)This section applies to a corporation that is an investment company, as defined by the Investment Company Act of 1940.
(b)A director of a corporation who with respect to the corporation is not an interested person, as defined by the Investment Company Act of 1940, shall be deemed to be independent and disinterested when making any determination or taking any action as a director.

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Bluebook (online)
Maryland § 2-405.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/2-405.3.