Maryland Code, BUSINESS REGULATION 5-303
Terms Used In Maryland Code, BUSINESS REGULATION 5-303
- 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) submitting to the Director an application on the form that the Director provides; and
(2) paying a nonrefundable application fee set by the Director.
(b) The application shall state:
(1) the name, date of birth, and residential address of the applicant;
(2) the name and fixed address of the affiliated cemetery, crematory, or burial goods business;
(3) whether the cemetery, crematory, or burial goods business with which the applicant is affiliated is owned or controlled by a sole proprietor, partnership, limited liability company, or corporation;
(4) if the applicant is designated as the responsible party, the name and residential address of each employee who sells burial space, goods, or services to the public for the business while engaging in the operation of a cemetery, crematory, or burial goods business; and
(5) any other reasonable information that the Director determines is necessary to carry out this title.