Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 8 > Subtitle 2 – Formation and Qualification
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Terms Used In Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 8 > Subtitle 2 - Formation and Qualification
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Arrest: Taking physical custody of a person by lawful authority.
- assault: means assault in any degree unless a specific degree of assault is specified. See
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Dependent: A person dependent for support upon another.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Trustee: A person or institution holding and administering property in trust.