Maryland Code, BUSINESS OCCUPATIONS AND PROFESSIONS 17-612
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Terms Used In Maryland Code, BUSINESS OCCUPATIONS AND PROFESSIONS 17-612
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
A corporation, partnership, or other association may not:
(1) commit or cause any other person to commit any act that constitutes a ground for disciplinary action against a licensee under § 17-322 or § 17-328 of this title; or
(2) violate or cause any other person to violate any other provision of this title.