Maryland Statutes
§ 1-402
Maryland § 1-402
This text of Maryland § 1-402 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Corporations and Associations § 1-402 (2026).
Text
A determination required or permitted to be made under any provision of this article relating to stated capital, surplus, capital surplus, earned surplus, or any other account or matter relating to the financial position or results of operations of a Maryland corporation is prima facie proper and in accordance with this article if:
(1)Specific provisions of this article do not require otherwise; and
(2)It is made in good faith in accordance with generally accepted accounting practices and principles.
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Bluebook (online)
Maryland § 1-402, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/1-402.