Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-322
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Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-322
- 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.
A religious corporation subject to this part may be incorporated only in conformity with the discipline of the United Methodist Church, as authorized and declared by the general conference of that church.