There is a newer version of the Maryland Code
2013 Maryland Code
COURTS AND JUDICIAL PROCEEDINGS
§ 5-417 - Immunity -- Directors of corporations generally
MD Cts & Jud Pro Code § 5-417 (2013) What's This?
§5-417.
A person who performs the duties of that person in accordance with the standard provided under § 2-405.1 of the Corporations and Associations Article has no liability by reason of being or having been a director of a corporation.
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