Maryland Code > LOCAL GOVERNMENT > Division V > Title 25 > Subtitle 9 – Dissolution
Current as of: 2023 | Check for updates
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Other versions
| § 25-901 | Dissolution procedure generally |
| § 25-902 | Inactive association in Washington County |
Terms Used In Maryland Code > LOCAL GOVERNMENT > Division V > Title 25 > Subtitle 9 - Dissolution
- 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.
- County: means a county of the State or Baltimore City. See
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- including: means includes or including by way of illustration and not by way of limitation. See
- Oath: A promise to tell the truth.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See