Maryland Statutes

§ 14-4701

Maryland § 14-4701
JurisdictionMaryland
Article gclCommercial Law
Title14

This text of Maryland § 14-4701 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., Commercial Law § 14-4701 (2026).

Text

(a)In this subtitle the following words have the meanings indicated.
(b)“Affiliate” means a person that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with another person, such that the person:
(1)Owns or has the power to vote more than 50% of the outstanding shares of any voting class of the other person’s securities;
(2)Has the power to elect or influence the election of a majority of the directors, members, or managers of the other person;
(3)Has the power to direct the management of the other person; or
(4)Is subject to the other person’s exercise of the powers described in item (1), (2), or (3) of this subsection.
(c)“Authenticate” means to use

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Nearby Sections

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Bluebook (online)
Maryland § 14-4701, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/14-4701.