Maryland Code, CORPORATIONS AND ASSOCIATIONS 10-206
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Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 10-206
- 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.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Fiduciary: A trustee, executor, or administrator.
- 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.
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
- Service of process: The service of writs or summonses to the appropriate party.
(a) An executed copy of each certificate required by this subtitle, or of any judicial decree of amendment or cancellation, shall be filed with the Department. However, the Department may not accept for record any certificate or decree that does not meet the requirements of this title. A person who executes a certificate as an agent or fiduciary need not exhibit evidence of that person’s authority as a prerequisite to filing. The Department may not accept for record or filing any certificate, decree, qualification, registration, change of resident agent or principal office, report, service of process or notice, or other document until all required fees have been paid to the Department.
(b) When the Department accepts for record any certificate, the Department shall:
(1) Endorse on the document its acceptance for record and the date and time of acceptance;
(2) Record promptly the document; and
(3) Send an acknowledgment to the partnership, its attorney, or its agent stating the date and time that the document was accepted for record.