Md. Code, Courts and Judicial Proceedings § 5–417

(a) In this section, “act” has the meaning stated in § 2–405.1 of the Corporations and Associations Article.

(b) A present or former director of a corporation who while a director acts or acted in accordance with the standard of conduct provided in § 2–405.1 of the Corporations and Associations Article has no liability in any action based on an act of the director.