Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 7 > Subtitle 3 – Sanctions
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Terms Used In Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 7 > Subtitle 3 - Sanctions
- Contract: A legal written agreement that becomes binding when signed.
- Conviction: A judgement of guilt against a criminal defendant.
- 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.