Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-314

  • 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
This part applies to every religious corporation formed in this State by a congregation of the denomination of Christians known as the Roman Catholic Church.