(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.
Structure Maryland Statutes
Division I - Public Services and Utilities
Subtitle 3 - Maryland Railroad Companies
Section 9-301 - "Maryland Railroad Company" Defined
Section 9-302 - Scope of Subtitle
Section 9-304 - Crossings -- Streams
Section 9-305 - Crossings -- Other Railroads
Section 9-306 - Crossings -- Highways
Section 9-307 - Abandonment by Unfinished Railroad
Section 9-308 - Owning or Obtaining Interests in Other Transportation Companies
Section 9-309 - Liability for Injuries to Livestock and Damages From Fire
Section 9-310 - Use of Crossing or Connecting Tracks
Section 9-311 - Protection of Highway Crossing -- in General
Section 9-312 - Protection of Highway Crossing -- Reflectors at Safety Gates
Section 9-313 - Protection of Highway Crossing -- Warning Signs