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§ 2-101. Permissible corporate purposes

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 2. Corporations in General--Formation, Organization, and Operation (Refs & Annos)
Subtitle 1. Formation and Powers
MD Code, Corporations and Associations, § 2-101
§ 2-101. Permissible corporate purposes
Currentness
Purposes
(a) Except as otherwise expressly provided by law, a corporation may be formed under this title for any lawful purposes.
Special provisions of law
(b) If the purpose for which a corporation is organized or its form makes it subject to a special provision of law, the corporation also shall comply with that provision.

Credits

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975.
Formerly Art. 23, § 3.
MD Code, Corporations and Associations, § 2-101, MD CORP & ASSNS § 2-101
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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