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§ 5-6C-03. Election of status as benefit corporation

West's Annotated Code of MarylandCorporations and AssociationsEffective: June 1, 2012

West's Annotated Code of Maryland
Corporations and Associations
Title 5. Special Types of Corporations (Refs & Annos)
Subtitle 6c. Benefit Corporations (Refs & Annos)
Effective: June 1, 2012
MD Code, Corporations and Associations, § 5-6C-03
§ 5-6C-03. Election of status as benefit corporation
In general
(a) A corporation may elect to be a benefit corporation under this subtitle by amending or including in the charter of the corporation a statement that the corporation is a benefit corporation.
Approval
(b) An amendment described in subsection (a) of this section shall be approved in accordance with Title 2, Subtitle 6 of this article.
Corporate name
(c) The name of a domestic benefit corporation or a foreign benefit corporation authorized to transact business in the State must comply with Title 1, Subtitle 5 of this article.

Credits

Added by Acts 2010, c. 97, § 1, eff. Oct. 1, 2010; Acts 2010, c. 98, § 1, eff. Oct. 1, 2010. Amended by Acts 2011, c. 500, § 2, eff. June 1, 2011; Acts 2011, c. 501, § 2, eff. June 1, 2011; Acts 2012, c. 135, § 1, eff. June 1, 2012.
MD Code, Corporations and Associations, § 5-6C-03, MD CORP & ASSNS § 5-6C-03
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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