Maryland Code, CORPORATIONS AND ASSOCIATIONS 3-502
Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 3-502
- 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.
(1) The date the existence of the corporation expired under the terms of its charter;
(2) The date to which the existence of the corporation is to be extended, or a statement that the existence of the corporation is to be perpetual;
(3) A statement that the reinstatement and extension have been approved in the manner and by the vote required by this article and the corporation’s charter, and a statement of the manner of approval; and
(4) A statement that the corporation has been in continuous operation since before the date of expiration.
(b) Articles of extension shall be executed in the manner required by Title 1 of this article.