Maryland Code, LOCAL GOVERNMENT 27-402
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Terms Used In Maryland Code, LOCAL GOVERNMENT 27-402
- 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) The board of drainage commissioners shall organize as a corporation named “The Board of Drainage Commissioners of ….. District”.
(b) A board of drainage commissioners may:
(1) exercise corporate powers;
(2) hold and convey property; and
(3) sue and be sued.
(c) A board of drainage commissioners shall adopt a seal.