Statutes > Maryland Statutes > COURTS AND JUDICIAL PROCEEDINGS > TITLE 5 - LIMITATIONS, PROHIBITED ACTIONS, AND IMMUNITIES > Subtitle 4 - Immunities and Prohibited Actions - Businesses, Associations, and Charities > Section 5-417 - Immunity - Directors of corporations generally.

Section 5-417 - Immunity - Directors of corporations generally.

§ 5-417. Immunity - Directors of corporations generally.
  

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. 
 

[1990, ch. 546, § 3; 1997, ch. 14, § 9.]