Maryland Code, CORPORATIONS AND ASSOCIATIONS 1-207.1
Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 1-207.1
- 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.
- including: means includes or including by way of illustration and not by way of limitation. See
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
(b) A certificate of notice may describe:
(1) An action by the corporation, its board of directors, or its stockholders;
(2) The occurrence of or change to facts ascertainable outside of the charter, as defined in § 2-105(b) of this article;
(3) The expiration of the period of existence of the corporation in accordance with § 3-519 of this article; or
(4) Any other information that the corporation determines should be disclosed.
(c) A certificate of notice may not:
(1) Amend, supplement, or correct the charter of the corporation in any manner; or
(2) Affect any rights or liabilities of stockholders, whether or not accrued or incurred before the certificate of notice is filed.
(d) A certificate of notice is not a part of the charter of a corporation.
(e) A director of a corporation is not required to authorize or direct the filing of a certificate of notice.
(f) A corporation is not required to file a certificate of notice for any purpose, including to indicate that there has been a change to the facts or information contained in a previously filed certificate of notice.
(g) A certificate of notice shall be executed in the manner required for charter documents by § 1-301 of this title.