Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 12 > Subtitle 1 – Definitions; General Provisions


§ 12-101	Definitions
§ 12-101.1	Presumption of business trust
§ 12-102	Applicable law; tax classification; income tax exemption
§ 12-103	Separate legal entity
§ 12-104	Short title
§ 12-105	Construction

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Terms Used In Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 12 > Subtitle 1 - Definitions; General Provisions

Administrator: includes an executor and a personal representative. See
Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
Contract: A legal written agreement that becomes binding when signed.
Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Statute: A law passed by a legislature.
Trustee: A person or institution holding and administering property in trust.