§ 4A-1201 Applicability of provisions to foreign and interstate commerce
§ 4A-1202 Severability
§ 4A-1203 Short title
§ 4A-1204 Clear references to status as benefit limited liability company
§ 4A-1206 Purpose of creating general or specific public benefit
§ 4A-1207 Duties of manager
§ 4A-1208 Annual benefit report
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Terms Used In Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 4A > Subtitle 12 - Miscellaneous

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Statute: A law passed by a legislature.