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§ 5-305. Conveyance of assets

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 5. Special Types of Corporations (Refs & Annos)
Subtitle 3. Religious Corporations
Part I. In General
MD Code, Corporations and Associations, § 5-305
§ 5-305. Conveyance of assets
If a church forms a religious corporation, any assets held in trust for the church by any person shall be conveyed immediately to the religious corporation.

Credits

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975.
Formerly Art. 23, § 267.
MD Code, Corporations and Associations, § 5-305, MD CORP & ASSNS § 5-305
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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