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Terms Used In Maryland Code, EDUCATION 13-704

  • 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.
Notwithstanding §§ 5-505 and 5-506 of the General Provisions Article, an employee of the University of Maryland, Baltimore Campus may solicit gifts or proposals for grants for the benefit of the University of Maryland Medical System Corporation in accordance with § 13-303(j) of this title and the University of Maryland, Baltimore Campus’s policies regarding coordinating fund-raising between the University and the Medical System Corporation.