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Terms Used In Maryland Code, EDUCATION 18-2401

  • 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.
(a) In this subtitle the following words have the meanings indicated.

(b) “Higher education loan” means any loan for undergraduate or graduate study leading to practice as a dentist that is obtained for tuition, educational expenses, or living expenses from:

(1) A college or university, government, or commercial source; or

(2) An organization, institution, association, society, or corporation that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code of 1986.

(c) “Program” means the Maryland Dent-Care Program.