Maryland Corporations and Associations Section 12-403

      (a)      Subject to the standards and restrictions, if any, set forth in the governing instrument of a business trust, a business trust shall have the power to indemnify and hold harmless any trustee or other person from and against any and all claims and demands.

      (b)      Unless otherwise provided by the governing instrument of a business trust, a trustee shall be indemnified to the same extent as a director of a corporation under § 2-418 of this article.