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§ 12-105. Construction of title

West's Annotated Code of MarylandCorporations and AssociationsEffective: June 1, 2010

West's Annotated Code of Maryland
Corporations and Associations
Title 12. Statutory Trusts (Refs & Annos)
Subtitle 1. Definitions; General Provisions
Effective: June 1, 2010
MD Code, Corporations and Associations, § 12-105
§ 12-105. Construction of title
Currentness
In general
(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.
Presumption
(b) The presumption that a civil statute in derogation of the common law is construed strictly does not apply to this title.

Credits

Added by Acts 2010, c. 611, § 1, eff. June 1, 2010.
MD Code, Corporations and Associations, § 12-105, MD CORP & ASSNS § 12-105
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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