Maryland Code, CORPORATIONS AND ASSOCIATIONS 3-510
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Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 3-510
- 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.
- 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.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
Except in a proceeding by the State or any of its political subdivisions, the acceptance of articles of revival for record by the Department is conclusive evidence of:
(1) The payment of all fees, taxes, unemployment insurance contributions, and reimbursement payments required to be paid;
(2) The filing of all reports required to be filed; and
(3) The revival of the charter of the corporation.