Maryland Code > TAX – GENERAL > Title 8 > Subtitle 1 – Definitions; General Provisions
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| § 8-101 | Definitions |
| § 8-102 | Franchise taxes |
Terms Used In Maryland Code > TAX - GENERAL > Title 8 > Subtitle 1 - Definitions; General Provisions
- 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.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See