Maryland Code, HUMAN SERVICES 11-303
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Terms Used In Maryland Code, HUMAN SERVICES 11-303
- 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.
A member of the Board:
(1) may not receive compensation as a member of the Board; but
(2) is entitled to reimbursement for necessary expenses incurred in connection with service on the Board as provided in the budget of the Corporation.