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<section article="gca" article_name="Corporations and Associations" number="12-901" title_number="12" title_name="Statutory Trusts" subtitle_number="9" subtitle_name="Foreign Statutory Trusts">
  <level label="a">
    <text>Subject to the Maryland Constitution:</text>
    <level label="1">
      <text>The laws of the jurisdiction under which a foreign statutory trust is formed govern its organization, internal affairs, and the liability of its trustees; and</text>
    </level>
    <level label="2">
      <text>A foreign statutory trust may not be denied registration by reason of any difference between the laws under which the foreign statutory trust is formed and the laws of this State.</text>
    </level>
  </level>
  <level label="b">
    <text>A foreign statutory trust may not do any kind of intrastate, interstate, or foreign business in this State which the laws of this State prohibit a domestic statutory trust from doing.</text>
  </level>
</section>
