{"data":{"id":"us-md/md.-code-corporations-and-associations-12-307","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 12–307","heading":"","body":"(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.\n(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.","path":["Article - Corporations and Associations"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca\u0026section=12-307","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"63054252bc584327cbed2edb3b29c23644fa3388e0c13214b98222e5bab53b55","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-12-306","next":"us-md/md.-code-corporations-and-associations-12-401"},"notice":"GroundRules: Original legal text. Not legal advice."}