Maryland Statutes
§ 5-417
Maryland § 5-417
This text of Maryland § 5-417 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., Courts and Judicial Proceedings § 5-417 (2026).
Text
(a)In this section, “act” has the meaning stated in § 2–405.1 of the Corporations and Associations Article.
(b)A present or former director of a corporation who while a director acts or acted in accordance with the standard of conduct provided in § 2–405.1 of the Corporations and Associations Article has no liability in any action based on an act of the director.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 5-417, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcj/5-417.