Md. Code, Public Utilities § 9-308
Md. Code, Public Utilities § 9-308
in effect(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gpu§ion=9-308&enactments=falseFetched: 10/17/2026