Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 4 > Subtitle 3 – Board of Directors
Current as of: 2023 | Check for updates
|
Other versions
| § 4-301 | At least one director required initially |
| § 4-302 | Election to have no board of directors |
| § 4-303 | Effect of election to have no board of directors |
Terms Used In Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 4 > Subtitle 3 - Board of Directors
- Contract: A legal written agreement that becomes binding when signed.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.