Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 4A > Subtitle 8 – Derivative Actions
Current as of: 2023 | Check for updates
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Other versions
| § 4A-801 | Right of action |
| § 4A-802 | Proper plaintiff |
| § 4A-803 | Pleading |
| § 4A-804 | Expenses |
Terms Used In Maryland Code > CORPORATIONS AND ASSOCIATIONS > Title 4A > Subtitle 8 - Derivative Actions
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- County: means a county of the State or Baltimore City. See
- 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.
- including: means includes or including by way of illustration and not by way of limitation. See
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.