Immunity -- Directors of corporations generally

  1. Law
  2. Maryland Code
  3. Courts and Judicial Proceedings
  4. Limitations, Prohibited Actions, and Immunities
  5. Immunities and Prohibited Actions -- Businesses, Associations, and Charities
  6. Immunity -- Directors of corporations generally

Checkout our iOS App for a better way to browser and research.

    (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.


Download our app to see the most-to-date content.