Maryland Code, BUSINESS OCCUPATIONS AND PROFESSIONS 2-408
Terms Used In Maryland Code, BUSINESS OCCUPATIONS AND PROFESSIONS 2-408
- 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.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(1) a change in the name of the partnership;
(2) the admission of any partner who practices or intends to practice certified public accountancy in the State;
(3) the death of any partner who practiced certified public accountancy in the State; and
(4) the withdrawal of any partner who practiced certified public accountancy in the State.
(b) Within 1 month after the change or occurrence, a limited liability company that holds a permit shall give to the Board written notice of:
(1) a change in the name of the limited liability company;
(2) the admission of any member who practices or intends to practice certified public accountancy in the State;
(3) the death of any member who practiced certified public accountancy in the State; and
(4) the withdrawal of any member who practiced certified public accountancy in the State.
(c) Within 1 month after the change or occurrence, a corporation that holds a permit shall give to the Board written notice of:
(1) a change in the name of the corporation;
(2) the death of any stockholder; and
(3) a change in stockholders.