Maryland Statutes
§ 11-405
Maryland § 11-405
This text of Maryland § 11-405 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., Human Services § 11-405 (2026).
Text
(a)(1) This subsection does not apply to reasonable compensation paid for services rendered to or for the Corporation.
(2)Net earnings of the Corporation may not inure to the benefit of any individual.
(b)An individual may not share in the distribution of corporate assets on dissolution of the Corporation.
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Bluebook (online)
Maryland § 11-405, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/ghu/11-405.