§ 9–308
Statutes in effect as of October 1, 2026.
Md. Code Ann., Pub. Util. § 9-308 (2026)
Title 9. Carrier Companies
Subtitle 3. Maryland Railroad Companies
§ 9–308LinkCopy Citation
(a)
Subject to § 6-101(c) of this article, a Maryland railroad company may acquire, own, hold, pledge, sell, dispose of, endorse, guarantee, or assume the stocks, bonds, and other securities of:
(1)
a Maryland railroad company;
(2)
a railroad company of any other state; and
(3)
an inland, coast, or ocean transportation company.
(b)
A Maryland railroad company may own and operate a line of steamships or steamboats if they can be used wholly or partly, in connection with the business of the Maryland railroad company.