§ 12-307. Applicability of provisions of Title 3, Subtitle 7

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2023

West's Annotated Code of Maryland
Corporations and Associations
Title 12. Statutory Trusts (Refs & Annos)
Subtitle 3. Beneficial Owners
Effective: October 1, 2023
MD Code, Corporations and Associations, § 12-307
§ 12-307. Applicability of provisions of Title 3, Subtitle 7
Currentness
Statutory trusts formed on or after Oct. 1, 2023
(a) Notwithstanding § 3-709 of this article, the provisions of Title 3, Subtitle 7 of this article apply to a statutory trust formed on or after October 1, 2023, that is a closed-end investment company as defined in the Investment Company Act of 1940.
Statutory trusts formed before Oct. 1, 2023
(b) Notwithstanding § 3-709 of this article, the governing instrument of a statutory trust formed before October 1, 2023, that is a closed-end investment company as defined in the Investment Company Act of 1940 may provide that Title 3, Subtitle 7 of this article applies to the statutory trust.

Credits

Added by Acts 2023, c. 560, § 1, eff. Oct. 1, 2023.
MD Code, Corporations and Associations, § 12-307, MD CORP & ASSNS § 12-307
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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