Volume 716, Page 1916 View pdf image |
1916 LAWS OF MARYLAND [Ch. 311 (B) LIABILITY OF SHAREHOLDER OR TRUSTEE. A SHAREHOLDER OR TRUSTEE IS NOT PERSONALLY LIABLE (1) BAD FAITH; (2) WILLFUL MISFEASANCE; (3) GROSS NEGLIGENCE; OR (4) RECKLESS DISREGARD OF HIS DUTIES. REVISOR'S NOTE: This section is new language derived 8-602. SERVICE OF PROCESS. IN AN ACTION AGAINST A REAL ESTATE INVESTMENT TRUST DOING BUSINESS IN THE STATE, PROCESS SHALL BE SERVED ON ANY OFFICER OR RESIDENT AGENT OF THE REAL ESTATE REVISOR'S NOTE: This section is new language derived SUBTITLE 7. PENALTIES. 8-701. PENALTIES. THE TRUSTEES OF A REAL ESTATE INVESTMENT TRUST WHICH REVISOR'S NOTE: This section presently appears as The phrase "does business" is substituted for The only other changes are in style. TITLE 9. UNIFORM PARTNERSHIP ACT.
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Volume 716, Page 1916 View pdf image |
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