Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-312
Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-312
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(1) The church is a lawful religious corporation;
(2) The date of incorporation is the date of the plan or articles of incorporation; and
(3) If otherwise lawful, every action of the church from the date of incorporation is valid.
(b) There is a conclusive presumption in every court of the State that a plan or articles of incorporation of a religious corporation were properly filed for record in the appropriate office and that these records were lost or destroyed, if:
(1) It appears from the record book of the religious corporation or from any other source that the church adopted a valid plan or articles of incorporation; and
(2) There is no book or record in the appropriate office for recording the plan or the articles of incorporation of religious corporations.
(c) Any plan or articles of incorporation entitled to the presumption under subsection (b) of this section, shall be filed with the Department and, if the original cannot be found, the Department may record the plan or articles of incorporation from the record book of the religious corporation.