Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-325
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Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-325
- 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 bylaws of a religious corporation subject to this part:
(1) Shall include, by reference or otherwise, the discipline of the United Methodist Church as from time to time authorized and declared by the general conference of that church; and
(2) May not be inconsistent with that discipline.