Section 12-101.1 - Presumption of business trust. - Maryland Statutes

§ 12-101.1. Presumption of business trust.
 

The use of the designation "business trust" or a statement in a certificate of trust or governing instrument executed on or before May 31, 2010, to the effect that a trust is or will qualify as a Maryland business trust within the meaning of or in accordance with this title may not create a presumption or an inference that the trust is a business trust for purposes of Title 11 of the United States Code. 
 

[2010, ch. 611, § 1.]