Maryland Code, BUSINESS REGULATION 3-203
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Terms Used In Maryland Code, BUSINESS REGULATION 3-203
- 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
(a) The Commissioner may make an agreement with a municipal corporation or political subdivision of the State or unit of the State government to delegate the power of inspection.
(b) If a political subdivision satisfies the Commissioner that the political subdivision can make the inspections required under this title, the Commissioner shall make an agreement with the political subdivision to delegate the power of inspection.
(c) (1) The Commissioner may retain the right to monitor an inspection by a municipal corporation or political subdivision of the State or unit of the State government.
(2) The Commissioner may revoke the agreement.