Maryland Code, CORPORATIONS AND ASSOCIATIONS 2-102
Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 2-102
- Adult: means an individual at least 18 years old. See
- 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.
- County: means a county of the State or Baltimore City. See
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(1) Sign and acknowledge articles of incorporation; and
(2) File them for record with the Department.
(b) (1) A proposed corporation becomes a body corporate under the name and subject to the purposes, conditions, and provisions stated in the articles of incorporation, effective as of the later of:
(i) The time the Department accepts the articles for record; or
(ii) The time established under the articles, not later than 30 days after the Department accepts the articles for record.
(2) Except in a proceeding by the State for forfeiture of a corporation’s charter, acceptance of the articles for record by the Department is conclusive evidence of the formation of the corporation.
(3) (i) The Department may not accept articles of incorporation from a fire or rescue organization to be located in Frederick County for the purpose of providing fire or rescue service in Frederick County unless the articles are accompanied by a written resolution of the governing body of Frederick County indicating approval of the proposed incorporation.
(ii) Incorporated municipalities in Frederick County with primary responsibility for governmental funding for fire service shall within their jurisdiction hold those powers assigned to the governing body of Frederick County in this paragraph.