Unannotated Code of Maryland (Last Updated: May 16, 2014) |
COURTS AND JUDICIAL PROCEEDINGS |
TITLE 5. LIMITATIONS, PROHIBITED ACTIONS, AND IMMUNITIES |
SUBTITLE 4. IMMUNITIES AND PROHIBITED ACTIONS -- BUSINESSES, ASSOCIATIONS, AND CHARITIES |
§ 5-417. Immunity -- Directors of corporations generally
Latest version.
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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.