Maryland Code, BUSINESS REGULATION 6-411
Terms Used In Maryland Code, BUSINESS REGULATION 6-411
- 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.
(1) a charitable solicitation by an accredited school, college, or university to its students, former students, parents of students or former students, board members, or staff; or
(2) a formal grant application prepared for and submitted to a specific corporation or foundation.
(b) (1) A charitable solicitation that is a specific written request to the public for a charitable contribution shall contain a disclosure statement.
(2) A written receipt for a charitable contribution shall contain a disclosure statement.
(c) The disclosure statement shall be displayed conspicuously on a charitable solicitation and on a receipt for a charitable contribution.