Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-315
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Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-315
- 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.
The corporators of a religious corporation subject to this part shall be the following individuals, appointed or elected according to the discipline and government of the Roman Catholic Church:
(1) The ordinary of the archdiocese;
(2) The vicar-general of the archdiocese;
(3) The pastor of the congregation; and
(4) Any other individual appointed by the ordinary.