Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-330
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Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-330
- 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 constitution of the United Presbyterian Church in the United States of America and its successors.