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2022 Maryland Statutes
Corporations and Associations
Title 12 - Statutory Trusts
Subtitle 1 - Definitions; General Provisions
Section 12-105 - Construction

Universal Citation:
MD Corporations and Associations Code § 12-105 (2022)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

    (a)    This title shall be liberally construed to give maximum effect to the principle of freedom of contract and to the enforceability of governing instruments.

    (b)    The presumption that a civil statute in derogation of the common law is construed strictly does not apply to this title.

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